4 Ways GlaxoSmithKline plc Will Continue To Lag The Biotechnology Sector - Motley Fool UK

17-10-2013 Motley Fool UKComments (0)

BiotechnologyGlaxoSmithKline

GlaxoSmithKline trades at a historic P/E ratio of 13.9, which is below the biotechnology sector average of 17.1. That said, Glaxo's 10-year average historic P/E is around 13, so based on that the company looks to me to be overvalued. Nonetheless, Glaxo ...

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