Cisco Systems, Inc. (NASDAQ:CSCO) Investors Are Less Pessimistic Than Expected

Cisco Systems, Inc.’s (NASDAQ:CSCO) price-to-earnings (or “P/E”) ratio of 21.6x might make it look like a sell right now compared to the market in the United States, where around half of the companies have P/E ratios below 17x and even P/E’s…