After taking a look at all of the stocks on the Dow Jones Industrials Average (INDEX: ^DJI), it looks like Procter & Gamble (NYSE: PG) is moderately overrated at the moment. With more than 50% of its revenue coming from abroad and the company retrenching to its low growth but profitable domestic market, the 13% upside that Wall Street is projecting is likely a bit aggressive. 

That's not to say Procter & Gamble is a bad company, only that at the current price to earnings ratio of 22, you're probably paying a bit more than the growth you can reasonably expect. The Dow as an index actually trades for more conservative multiples, but it has a higher long-term growth rate. 

That doesn't mean Procter & Gamble doesn't have a place in your portfolio, though. Their dividend is stellar, and the company is known for its strong history of returning capital to shareholders. That's why it was named one of "The 3 Dow Stocks Dividend Investors Need." You can uncover the other elite companies that made the cut; just click here to read more.