Well’s Fargo & P/E Ratio

Hello Java Junkies, here is a quick lesson on P/E Ratio and what it tells you about Well’s Fargo.

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We’ll look at Wells Fargo & Company’s (NYSE:WFC) P/E ratio and reflect on what it tells us about the company’s share price. Wells Fargo has a P/E ratio of 11.04, based on the last twelve months. That is equivalent to an earnings yield of about 9.1%.

https://www.yahoo.com/finance/news/heres-wells-fargo-companys-nyse-185318206.html