How Has The Market Selloff Changed The Fundamentals Of Tech Giants?

The huge market selloff so far in 2016 has seemingly centered on high-growth tech names. With shares of Facebook Inc FB 3.53%, Amazon.com, Inc. AMZN 2.49%, Alphabet Inc GOOGL 2% GOOG 2.52%, Apple Inc. AAPL 1.53% and Netflix, Inc. NFLX 6.41% already down 5–29 percent in 2016, Benzinga took a closer look at how the fundamentals of these tech giants now stack up.

Earnings

A price-to-earnings ratio (PE) is one of the most basic fundamental metrics for gauging a stock’s value. The lower the PE, the higher the value. Here’s how the current PEs for these five big names compare.

Apple remains the only stock of the group with a PE lower than the S&P 500’s overall PE of 20.3. Facebook, Netflix and Amazon’s PE’s of over 75 are nowhere near the typical range. However, the market selloff has helped each of the five stocks improve its PE over the past three months.

Growth

When it comes to evaluating a stock, price is…

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