In the current session, the stock is trading at $8.51, after a 3.03% increase. Over the past month, Nu Holdings Inc. (NYSE:NU) stock increased by 9.66%, and in the past year, by 95.63%. 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.
How Does Nu Holdings P/E Compare to Other Companies?
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 ...