Key Takeaways Disney trades at 18.41x P/E, below historical and industry averages.Streaming profits and subscriber growth support earnings guidance.ESPN's direct-to-consumer pivot adds new revenue and growth drivers.Disney (DIS) currently trades at a compelling valuation, with a P/E ratio of 18.41x, which is below its five-year historical average of 20.79x and the Zacks Media Conglomerates industry average of 20.1x. This discounted multiple presents an intriguing opportunity for investors, yet several strat ...