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Is it still the right time to buy Apple, Google and Facebook?

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Value Referee wrote a column · Sep 20, 2021 10:22
Is it still the right time to buy these stocks? Are they cheap or expensive ?
We will use stock's PE ratio to answer these questions. It is an indicator to help investors measure the stock price.
By comparing the stock's current PE with its historical average PE, we can simply see whether the current share price is high or low.
Generally, a low PE might indicate that the current stock price is low relative to earnings.
1. $Apple(AAPL.US)$
- Current Stock Price: 143
- Current PE: 27.97
- Average PE: 27.44
Conclusion:
- Apple's current PE(27.97) is close to the average(27.44), it's a fair price.
Is it still the right time to buy Apple, Google and Facebook?
2. $Alphabet-A(GOOGL.US)$
- Current Stock Price: 2763
- Current PE: 29.99
- Average PE: 29.96
Conclusion:
- Google's current PE(29.99) is close to the average(29.96), it's a fair price.
Is it still the right time to buy Apple, Google and Facebook?
3. $Facebook(FB.US)$
- Current Stock Price: 356
- Current PE: 26.39
- Average PE: 29.42
Conclusion:
- Facebook's current PE(26.39) is lower than the average(29.42), it's may undervalued.
Is it still the right time to buy Apple, Google and Facebook?
Tips: You can find the PE ratio at here in Moomoo
Is it still the right time to buy Apple, Google and Facebook?
PE is not the only way to valuate stocks, but past average PE can work as a benchmark when comparing with current PE. This will help us get an idea on whether the stock is 'cheap or expensive'.
And PE is a long-term indicator, so it cannot provide much help for short-term transactions.
If there is anything else you would like to know, ask me in the comment section below!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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