 Looking into the current session, Liberty TripAdvisor Hldgs Inc. NASDAQ: LTRPA shares are trading at 2.12, after a 0.3 rise. Moreover, over the past month, the stock went up by 16.48, but in the past year, decreased by 86.16. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session.The stock is currently trading higher from its 52 week low by 146.56. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with Internet Content Information stocks, and capitalize on the lower share price observed over the year.The PE ratio is used by long-term shareholders to assess the companys market performance against aggregate market data, historical earnings, and the industry at large. A lower PE indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings.Most often, an industry will prevail in a particular phase of a business cycle, than other industries.Liberty TripAdvisor has a lower PE than the aggregate PE of 8.19 of the internet content information industry. Ideally, one might believe that they might perform worse than its peers, but its also probable that the stock is undervalued.PE ratio is not always a great indicator of the companys performance. Depending on the earnings makeup of a company, investors may not be able to attain key insights from trailing earnings.See more from Benzinga Stocks That Hit 52-Week Highs On Monday Price Over Earnings Overview: United Airlines Green Plains Partners: Q1 Earnings InsightsC 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. 