PayPal down more than 80% from 2021 peak, but undervalued
PYPL PayPal Holdings Inc
$56.10 -0.12%
View chart & analysis → - 1PayPal stock has recorded a decline of more than 80% from its 2021 peak.
- 2The current stock price trades at a price-to-earnings (P/E) ratio of less than 10 times compared to PayPal's projected consensus earnings per share for next year.
- 3PayPal has repurchased nearly 10% of its outstanding shares over the past 12 months.
So what's the key point?
PayPal's stock price has fallen more than 80% from its previous high. The stock is considered undervalued because the price is low compared to the profits experts expect the company to make.
Source The Motley Fool +1 · View original ↗
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