Looking into the current session, GLOBALFOUNDRIES Inc. (NASDAQ:GFS) shares are trading at $55.82, after a 1.24% decrease. Over the past month, the stock fell by 2.18%, but over the past year, it actually spiked by 7.52%. 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.
Comparing GLOBALFOUNDRIES P/E Against Its 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 it's past ...