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What does it mean if a company has a P/E ratio of 29.98 while the industry and sector ratios are 56.22 and 27.66? How are

What does it mean if a company has a P/E ratio of 29.98 while the industry and sector ratios are 56.22 and 27.66? How are they performing against the industry and sector ratios? Why are they performing as such?

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