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Actionable news in PCLN: priceline.com Incorporated,

Priceline Stock Too Pricey When Compared to Expedia

Finding cheap airfare or great online travel deals is often one click away. It's an industry pioneered by Priceline Group. (PCLN - Get Report) . But there's nothing cheap about Priceline stock today, which -- at around $1,472 -- is priced at 32 times trailing earnings, or 11 points higher than the S&P 500 (SPX) index. In addition, its stock is priced at twice the average P/E of its peer group (P/E 16), according to Yahoo! Finance.

Headquartered in Norwalk, Conn., Priceline reports third-quarter earnings before the opening bell Monday. Beyond its pricey stock, investors are also risking 30% year-to-date stock gains, including a share price that has soared almost 35% in the past...


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