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

Latest
16.17
↓ 67% below average
Average (9y)
48.86
Historical baseline
Range
High:134.63
Low:12.83
CAGR
-21.0%
Structural decline
PeriodValueChange
202416.17-10.7%
202318.11+41.2%
202212.83-40.4%
202121.53-79.4%
2020104.32-3.3%
2019107.93+363.1%
201823.31-1.1%
201723.56-10.3%
201626.25-80.5%
2015134.63-