In the current session, the stock is trading at $119.48, after a 1.33% spike. Over the past month, Palantir Technologies Inc. (NASDAQ:PLTR) stock increased by 66.46%, and in the past year, by 410.55%. 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.
Comparing Palantir Technologies P/E Against Its Peers
The P/E ratio is used by long-term shareholders ...