P/E Ratio Insights for PepsiCo
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PepsiCo Inc. (NASDAQ:PEP) is currently trading at $143.38, down 0.54%. The stock has decreased by 3.16% over the past month and 4.55% over the past year. Its P/E ratio stands at 27.41, lower than the industry average of 61.97, suggesting potential undervaluation or lower growth expectations. While the P/E ratio is a useful metric for assessing market performance, it should be considered alongside other financial metrics and qualitative factors for informed investment decisions.
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