Airbnb Stock Is a Bargain Using This Metric
Airbnb (NASDAQ: ABNB) is a global travel facilitator. Unsurprisingly, its business had a negative shock at the pandemic onset. People worldwide were a lot less interested in traveling to new destinations with a deadly virus rapidly circulating.
However, since vaccines against COVID-19 started being administered, Airbnb's business is bouncing back. It's arguably stronger than before the pandemic onset, but the stock price has not yet adjusted accordingly.
Airbnb is trading at the bargain price to free cash flow ratio of 62. Image source: Getty Images.
Source Fool.com
