In the current market session, Baidu Inc. (NASDAQ:BIDU) share price is at $103.00, after a 0.64% decrease. Over the past month, the stock spiked by 0.59%, but over the past year, it actually decreased by 32.44%. With good short-term performance like this, and questionable long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio.
A Look at Baidu P/E Relative to Its Competitors
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, ...