As of October 2, 2023, VMware Inc. boasts a P/E ratio of 37.24, which is slightly lower than other reported values such as 49.25, 48.8054, 49.1, and 48.66. When compared to the software industry’s aggregate P/E ratio of 66.81, VMware Inc. appears to have a more favorable P/E ratio of 50.14. This discrepancy suggests that the stock may underperform in comparison to its industry peers, but it could also indicate that the stock is undervalued.
The P/E ratio serves as a valuable…