wrong PE information for GILD
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
Replies 3
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
Hi,
I'm seeing a PE around 23 on many other sites. Can you please check again?