Stock $AMZN is approaching $235,

close to its all-time highs.

However, its P/E ratio today is the lowest in the company's entire history.

In mid-2023,
Amazon was trading at 146 times earnings.

Then 98 times.
Then 64.
Then 50.
Today, only 28 times.
The price rose, and the P/E fell.

This is a unique equation:
Earnings are growing much faster than the price.

The market looks at Amazon as if it's an overvalued tech stock, while the numbers say it is quietly transforming into a value stock.

A company worth trillions,
growing in cloud, advertising, and artificial intelligence,
and trading at a P/E cheaper than many traditional sector stocks.

The question you should ask yourself:
Is the market pricing Amazon incorrectly?
Or have investors stopped seeing what this company is actually building beneath the surface...
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