Showing posts with label Low multiples relative to industry and country multiples. Show all posts
Showing posts with label Low multiples relative to industry and country multiples. Show all posts

Friday 13 November 2009

Low Multiples

Another interesting way to assess PE of individual stocks, relative to their respective industry and country multiples

Low Multiples
04.08.09, 06:00 PM EDT
Forbes Magazine dated April 27, 2009

These stocks have estimated 2009 price-to-earnings multiples below their respective industry and country multiples. One example: Bombardier of Canada, which makes jets and railroad locomotives and coaches, trades at an estimated 2009 P/E of 6, versus 15 for all aerospace stocks and 13 for Canadian stocks.


http://www.forbes.com/forbes/2009/0427/152-global-2000-companies-cheap-and-cash-rich.html