US Edition3 FTSE 100 stocks with low P/E ratios to consider buying right now
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3 FTSE 100 stocks with low P/E ratios to consider buying right now
The FTSE 100 has a long-term average price-to-earnings (P/E) ratio of around 14 to 15. A few stocks in the index are currently valued a lot cheaper than that. And forecasts show their P/Es falling further in the next few years, with earnings expected to grow. International Consolidated Airlines, P/E = 5.7 Even after a 12-month rise of 90%, the International Consolidated Airlines (LSE: IAG) share price still puts it on a forecast P/E of only 5.7.…
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