Is American Funds New Economy R2E overvalued?

American Funds New Economy R2E (RNNEX) looks overvalued — trading about 23% above its fair value.

Overvalued

Price

$82.02

Fair value

$63.00

Current P/E

58.6

Normal P/E

45.0

Market cap

$51.39B

Dividend yield

0.0%

Return on equity

13.2%

Sector

Financial Services

Fair value compares RNNEX's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 28 Jun 2026.

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