The current PE ratio for Coupang stock as of Sep 28, 2023 is 70.58. This is calculated based on the TTM EPS of $0.24 and the stock price of $16.94 per share.
|Stock name||PE ratio||Market cap|
|CPNG Coupang Inc||71.04||$30.41B|
|QRTEA Qurate Retail Inc||N/A||$238.83M|
|PRTS CarPartscom Inc||N/A||$236.05M|
CPNG stock has a price to earnings ratio of 70.58 as of Sep 28, 2023.
CPNG's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Sep 28, 2023), Coupang's share price is $16.94. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $0.24. Therefore, Coupang's PE ratio for today is 70.58.
PE RATIO(70.58) = STOCK PRICE($16.94) / TTM EPS($0.24)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.