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PE Ratio: Discounted Valuation
Trending higher, below historical average, structural decline.
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Price-to-earnings ratio

Latest
21.58
↓ 40% below average
Average (9y)
36.21
Historical baseline
Range
High:108.61
Low:12.70
CAGR
-16.4%
Structural decline
PeriodValueChange
202421.58+43.0%
202315.09+18.8%
202212.70-18.8%
202115.64+13.7%
202013.77-56.8%
201931.89-35.4%
201849.38+18.6%
201741.62-19.7%
201651.82-52.3%
2015108.61-