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

Latest
24.68
↓ 44% below average
Average (8y)
43.87
Historical baseline
Range
High:101.58
Low:21.85
CAGR
-16.2%
Structural decline
PeriodValueChange
202424.68+7.0%
202323.06-24.3%
202230.46-37.5%
202148.70-6.5%
202052.11+138.5%
201921.85-31.8%
201832.02-47.0%
201760.39-40.6%
2016101.58-