Looking into the current session, Clorox Inc. (NYSE:CLX) shares are trading at $159.01, after a 0.86% decrease. Over the past month, the stock fell by 3.39%, but over the past year, it actually increased by 30.37%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company’s price-to-earnings ratio. How Does Clorox P/E Compare to Other Companies?The P/E ratio is used by long-term shareholders to assess the company’s market performance against aggregate market data, historical earnings, and the industr…