Is Colgate Stock a Buy, Hold or Sell at 24.29X P/E Multiple?

Colgate-Palmolive Company (CL) is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 24.29, higher than the industry average of 22.07X and the S&P 500’s 22.69X. This premium valuation raises concerns about whether CL can meet investor expectations, especially considering its low Value Score of C, which suggests that it may not be a strong value proposition at current levels.CL's P/E Performance Image Source: Zacks Investment Research Colgate shares have lost 10% in the past three month ...