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Price-to-Earnings (P/E) Calculator

Calculate the P/E ratio and implied earnings yield for a stock.

About This Calculator

The S&P 500's average P/E ratio since 1928 is about 15–16x, though it has sustained 20–30x during bull markets. Growth stocks like technology companies often trade at 40–100x earnings; value stocks trade at 8–15x. The "Fed Model" compares earnings yield to Treasury yields.

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