PCLN stock: Booking its Way Higher
Priceline Group Inc.(NASDAQ:PCLN) stock is not cheap on a per-share basis, trading at $1,429 per share. On the surface, that share price must seem completely obscene, but on a valuation basis, shares are really not that expensive. PCLN stock has a price-to-earnings (P/E) ratio of 27.15; this number is not outlandish for a growth company. Priceline stock currently sports a $70.0 billion market cap and the company is biggest player in the space. I feel quite safe saying that valuation is not stretched for this growth company.
Priceline.
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Priceline Group Inc.(NASDAQ:PCLN) stock is not cheap on a per-share basis, trading at $1,429 per share. On the surface, that share price must seem completely obscene, but on a valuation basis, shares are really not that expensive. PCLN stock has a price-to-earnings (P/E) ratio of 27.15; this number is not outlandish for a growth company. Priceline stock currently sports a $70.0 billion market cap and the company is biggest player in the space. I feel quite safe saying that valuation is not stretched for this growth company.
Priceline.
Den vollständigen Artikel lesen ...