In the current session, the stock is trading at $40.60, after a 0.98% increase. Over the past month, EQT Inc. (NYSE:EQT) stock increased by 10.88%, and in the past year, by 3.77%. 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.
A Look at EQT P/E Relative to Its Competitors
The P/E ratio is used by long-term shareholders to assess the company's market performance ...