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Comparing current PE to mean PE can allow you to see if may be undervalued based on PE ratio.
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* Total of 39 data points since 03/31/2024.
** From 03/31/2024 we changed 14 data points that were under -50 PE to -50 and 0 data points that were over 100 to 100. This helps smooth edge cases where companies had extreme PE ratios during certain periods. Removing these data points completely caused new issues with certain companies.