Benzinga
Is Ford’s Stock Overvalued Or Undervalued?
Ford Motor Company (NYSE: F) shares have outperformed the S&P 500 in 2021, generating a year-to-date total return of 97.8%. But after nearly doubling in share price this year, investors may be wondering if there’s any value left in Ford stock. Earnings: A price-to-earnings ratio (PE) is one of the most basic fundamental metrics for gauging a stock’s value. The lower the PE, the higher the value. For comparison, the S&P 500’s PE is at about 29, nearly double its long-term average of 15.9. Ford’s