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
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