Looking into the current session, BP Inc. (NYSE:BP) shares are trading at $35.87, after a 1.21% drop. Over the past month, the stock decreased by 5.52%, but over the past year, it actually spiked by 17.07%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio.
BP P/E Ratio Analysis in Relation to Industry Peers
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 ...