In the current session, the stock is trading at $161.00, after a 0.58% increase. Over the past month, Cheniere Energy Inc. (NYSE:LNG) stock increased by 4.41%, and in the past year, by 2.86%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.
A Look at Cheniere Energy 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, historical data ...