Euronet Trading at a Low P/E Multiple: Time to Buy the Stock?

Euronet Worldwide, Inc.’s (EEFT) current valuation suggests that the stock is available at a discounted price compared with the industry average. EEFT stock trades at a forward 12-month price-to-earnings (P/E) ratio of 10.97X, lower than its five-year median of 15.77X and the Zacks Financial - Miscellaneous Services industry average of 16.33X. Its peers in the payments space, like WEX Inc. (WEX) and Paymentus Holdings, Inc. (PAY) , are now trading at 10.13X and 60.09X, respectively. Image Source: Zacks Inve ...