A Look Into U.S. Bancorp Inc's Price Over Earnings
Portfolio Pulse from Benzinga Insights
U.S. Bancorp Inc. (NYSE:USB) shares are trading at $39.42, after a 1.55% increase. Over the past month, the stock went up by 19.31%, but fell by 17.01% in the past year. The company's P/E ratio of 10.81 is higher than the aggregate P/E ratio of the Banks industry (9.33), suggesting that the stock might be overvalued.
July 28, 2023 | 7:30 pm
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U.S. Bancorp's stock has seen a recent increase, but its P/E ratio suggests it might be overvalued compared to the industry average.
U.S. Bancorp's stock has seen a recent increase, but its P/E ratio is higher than the industry average. This could indicate that the stock is overvalued, which might deter some investors. However, the P/E ratio is just one metric and should be considered alongside other factors.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100