The going was painfully slow, but Chickenhound consoled himself on the long journey by boosting his own ego. âMaybe a silly bunch of rats could put one over on Sela. Huh, she was old and had lost a lot of her guile.
Even after the run Cisco stock has had over the past few years, the stock is still a buy. Cisco has reported earnings of $1.73 per share over the past four quarters, which puts the stock's P/E ratio at just about 17. This doesn't seem all that inexpensive, but there are a couple of things skewing Cisco's valuation.
For investors in Cisco Systems, Inc. (NASDAQ:CSCO) it has been a rather dull couple of years. CSCO stock nearly doubled between 2012 and late 2014, but since then, the stock has traded quietly in a range between $25 and $30 per share. Even a new CEO and a bunch of new acquisitions havenât done much to spark interest in CSCO stock lately.