For any given P/E ratio, different analysts might offer different explanations. One analyst might take a high ratio (along with other relevant data) to mean that a company is overvalued ...

Compared to the aggregate P/E ratio of 28.37 in the Building Products industry, Carrier Global Inc. has a higher P/E ratio of ...

A high P/E ratio can mean that a stock’s price is high relative to earnings and possibly overvalued. A low P/E ratio might indicate that the current stock price is low relative to earnings.

Conversely, a high P/E ratio could mean a company's stock price is overvalued. However, the higher P/E ratio can also mean that a company is growing, with its stock price and EPS both rising.

Occidental Petroleum has a lower P/E than the aggregate P/E of 13.85 of the Oil, Gas & Consumable Fuels industry. Ideally, ...

Learn More How Do I Read and Analyze an Income Statement? What is a good PE ratio for a stock? There is no one answer to this question as different companies will naturally have different PE ratios.