Fidelity European Values Plc P/E
What is the P/E of Fidelity European Values Plc?
The P/E of Fidelity European Values Plc is 5.17
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Finance sector on LSE compared to Fidelity European Values Plc
What does Fidelity European Values Plc do?
Fidelity Investment Trust - Fidelity European Values plc is an open-ended equity fund launched and managed by FIL Investment Services (UK) Limited. It is co-managed by FIL Investments International Limited. The fund invests in the public equity markets of Continental Europe. It makes its investments in stocks of companies operating across diversified sectors. The fund invests in stocks of companies operating across all market capitalizations. It also invests in value oriented growth stocks. The fund benchmarks the performance of its portfolio against the FTSE World Europe ex UK Index. Fidelity Investment Trust - Fidelity European Values plc was formed on November 5, 1991 and is domiciled in the United Kingdom.
Companies with p/e similar to Fidelity European Values Plc
- Prudential plc has P/E of 5.15
- Jiashili has P/E of 5.15
- Karrie International has P/E of 5.16
- Pact Ltd has P/E of 5.16
- Cedar Realty Trust Inc has P/E of 5.16
- Cabot Oil & Gas has P/E of 5.17
- Fidelity European Values Plc has P/E of 5.17
- Franklin Resources has P/E of 5.17
- US Solar Fund PLC has P/E of 5.17
- Bce Inc has P/E of 5.17
- Pebble Beach Systems plc has P/E of 5.17
- Adecco AG has P/E of 5.18
- Daimler AG has P/E of 5.18