Estee Lauder Stock Is A Good Bet, Even At These Valuations

Estee Lauder Stock Is A Good Bet, Even At These Valuations

We think that Estee Lauder currently is a better pick compared to Procter & Gamble. EL stock trades at about 40x trailing earnings, slightly higher than PG, whose P/E multiple stands at 35x. Further, EL has a P/EBIT ratio of 33x, higher than PG’s 25x. Does this gap in the companies’ valuations make.