P/E Ratio Insights for RELX
Portfolio Pulse from Benzinga Insights
RELX Inc.'s stock price is currently at $33.65, after a 1.00% decrease. However, over the past month, the stock increased by 3.83%, and in the past year, by 40.03%. The company's P/E ratio of 30.45 is lower than the aggregate P/E ratio of 48.08 in the Professional Services industry. This could indicate that the stock is undervalued or that shareholders do not expect future growth.
September 26, 2023 | 3:01 pm
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RELX Inc.'s P/E ratio of 30.45 is lower than the industry average, which could indicate that the stock is undervalued or that shareholders do not expect future growth. The stock price has increased by 3.83% over the past month and 40.03% over the past year.
The lower P/E ratio could indicate that the stock is undervalued, which would be a positive for potential investors. However, it could also suggest that shareholders do not expect the stock to perform well in the future, which would be a negative. The recent increase in stock price could be a positive sign, but the recent 1.00% decrease could indicate potential volatility.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100