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In the current market session, Amazon.com Inc. (NASDAQ:AMZN) stock price is at $186.88, after a 0.43% drop. However, over the past month, the company’s stock spiked by 0.24%, and in the past year, by 45.55%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. Comparing Amazon.com P/E Against Its PeersThe P/E ratio is used by long-term shareholders to assess the company’s market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that…

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