In the current session, the stock is trading at $18.72, after a 0.93% spike. Over the past month, American Eagle Outfitters Inc. (NYSE:AEO) stock increased by 11.26%, and in the past year, by 4.42%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.A Look at American Eagle Outfitters P/E Relative to Its CompetitorsThe P/E ratio is used by long-term shareholders to assess the company's ...