P/E Ratio Insights for Autoliv
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Autoliv Inc. (NYSE:ALV) stock is currently trading at $121.61, reflecting a 1.03% increase. Over the past month, the stock rose by 2.11% and by 28.35% over the past year. The company's P/E ratio stands at 12.47, significantly lower than the industry average of 27.74, suggesting potential undervaluation or lower growth expectations. Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative factors for informed decision-making.
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