![]() ![]() The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued. That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). In other words, Meta Platforms shares trade at around 31x recent earnings. Meta Platforms's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 31x. Headquartered in California, the company was founded in 2004 and went public on the Nasdaq in 2012. Its other products include Instagram, Messenger, WhatsApp and Facebook Reality Labs. Meta Platforms (formerly Facebook) is one of the biggest listed companies in the United States and the creator of the popular social network platform by the same name. What's best for you depends on your own investing strategy, budget and financial goals. This isn't an exhaustive list of all the trading platforms out there. If we show a "Promoted" pick, it's been chosen from among our commercial partners and is based on factors that include special features or offers, and the commission we receive. ![]() "Best for" picks are those we've evaluated to be best for specific product features or categories – you can read our full methodology here. This is updated yearly to reflect changes in the market. Our selection of top picks is based on the same criteria as our annual Stock Trading Platform Awards. Bank of Canada Interest Rate Forecast Report.All International Money Transfer Services.Minimum Credit Score for Credit Card Approval. ![]()
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