Is that stock expensive?

Stocks tend to trade at different valuations. Does it mean that those that trade at low valuations are at a bargain and those that trade at high valuations are in the bubble zone? Maybe. Maybe not. Just by looking at the P/E, you can't really tell if a stock is 'cheap'. A stock trading at a low P/E could be that way because of the dismal prospects of the business. Similarly, a high P/E could also