Estee Lauder Stock Is A Good Bet, Even At These Valuations
- Monday, November 1, 2021, 7:10
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We think that Estee Lauder currently is a better pick compared to Procter & Gamble. EL stock trades at about 40x trailing earnings, slightly higher than PG, whose P/E multiple stands at 35x. Further, EL has a P/EBIT ratio of 33x, higher than PG’s 25x. Does this gap in the companies’ valuations make.
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