In the current session, the stock is trading at $48.21, after a 0.52% increase. Over the past month, Baker Hughes Inc. (NASDAQ:BKR) stock increased by 11.19%, and in the past year, by 64.73%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.
How Does Baker Hughes P/E Compare to Other Companies?
The P/E ratio is used by long-term shareholders to assess the ...