Is CELH Stock's 31.5X PE Still Worth It? Time to Buy, Sell or Hold?
CELHCelsius(CELH) ZACKS·2024-09-11 22:51

Celsius Holdings, Inc. (CELH) is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 31.47, significantly higher than the industry average of 16.81 and the S&P 500's 20.88. This disparity suggests that investors have historically had high expectations for the company's future earnings growth. However, CELH's recent stock performance casts doubt on whether these lofty expectations are sustainable. Image Source: Zacks Investment Research Shares of Celsius Holdings have plunged 47.3% in th ...