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Under review

wrong PE information for GILD

jpeterj 11 months ago in Website • updated by SA Admin Daniel Hochman 11 months ago 3

Hello Support Team,


there seems to be a miscalculation of the PE Ratio for GILD 

the app and website mention PE 23 

In fact trailing PE should be 9  


This issue might affect other stocks as well.


Best regards

Under review

Hi,


I'm seeing a PE around 23 on many other sites. Can you please check again?

Dear Daniel Hochman,


please check CNBC Website for reference CNBC GILD earnings.


To my understanding trailing PE is calculated by current price divided by sum of last 4 quarterly earnings.

80.80/(2.23+2.56+2.27+1.78) = 9.14...




Best regards,
jpeterj

Hi,


Other sites such as Yahoo Finance agree with our EPS numbers. I believe the difference comes into play with diluted vs non-diluted EPS. Our PE Ratio uses diluted EPS which was 3.48 for the TTM. You can read more here: https://www.investopedia.com/terms/d/dilutedeps.asp