In the current session, the stock is trading at $228.72, after a 2.35% increase. Over the past month, Advanced Micro Devices Inc. (NASDAQ:AMD) stock increased by 3.20%, and in the past year, by 79.63%. 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 Advanced Micro Devices P/E Relative to Its CompetitorsThe P/E ratio measures the current share price to the company's EPS. It ...