P/E Ratio Insights for Infosys
Portfolio Pulse from Benzinga Insights
Infosys Inc. (NYSE:INFY) shares are currently trading at $16.77, after a 1.61% increase. Over the past month, the stock increased by 4.52%, but fell by 17.20% in the past year. Infosys has a lower P/E ratio than the aggregate P/E of 28.88 of the IT Services industry, which could indicate that the stock is undervalued. However, a lower P/E can also suggest that shareholders do not expect future growth.
August 04, 2023 | 3:50 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Infosys' lower P/E ratio compared to the IT Services industry could suggest that the stock is undervalued. However, it could also indicate low expectations for future growth.
Infosys' P/E ratio is lower than the industry average, which could suggest that the stock is undervalued. However, a lower P/E ratio can also indicate that investors do not expect the company to grow in the future. Therefore, the impact on the stock price is neutral in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100