Investors Holding Back On CAI International, Inc. (NYSE:CAI)
When close to half the companies in the United States have price-to-earnings ratios (or “P/E’s”) above 20x, you may consider CAI International, Inc. (NYSE:CAI) as an attractive investment with its 12.4x P/E ratio. Although, it’s not wise to just take the P/E at face value as there may be an explanation why it’s limited.
With earnings that are retreating more than the market’s of late, CAI International has been very sluggish. The P/E is probably low because investors think this poor earnings pe…
