Discrepancy in P/E ratio of stocks in Robinhood app?
The current price of the Amazon stock is 73. The latest EPS ratio was .04 for Q4 2018. So, the P/E ratio should be 73/.04 ~ 279. But the robinhood app says the P/E ratio of Amazon is 83. What am I missing?
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The price per earnings is the price divided by the yearly earnings.
The Earnings per Share of quarter 4 should could be a quarter of the total earnings. Add all of the Earnings per share for 4 quarters, and use that as the Earnings.
The EPS of Amazon for the last quarter of 2018 was .05. However, the P/E ratio is calculated using an annual number for earnings. Amazon’s earnings for 2018 was .14. (Source)
73 / .14 = 83.07
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