Looking into the current session, Cisco Systems Inc. (NASDAQ:CSCO) shares are trading at $57.47, after a 1.14% decrease. Over the past month, the stock decreased by 3.74%, but over the past year, it actually increased by 18.45%. 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.A Look at Cisco Systems P/E Relative to Its CompetitorsThe P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current ...Full story available on Benzinga.com
Cisco is a California-based digital communications conglomerate that offers solutions such as software-defined networking and security for sectors such as retail and mining.