MDLZ Stock Trading at 19X P/E: Is the Valuation Too Rich to Digest?

Mondelez International, Inc. (MDLZ) is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 19, higher than the industry average of 15.94. This inflated valuation suggests that the market is pricing in high growth expectations, but it also raises questions about whether the company can deliver results that justify such a premium. Shares of Mondelez have tumbled 9.4% in the past three months compared with the industry’s decline of 4.4%. This global snack food company trailed the broader Z ...