AIXTRON SE’s (ETR:AIXA) Share Price Is Matching Sentiment Around Its Earnings
With a price-to-earnings (or “P/E”) ratio of 13.3x AIXTRON SE (ETR:AIXA) may be sending bullish signals at the moment, given that almost half of all companies in Germany have P/E ratios greater than 20x and even P/E’s higher than 36x are not unusual. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the reduced P/E.
AIXTRON hasn’t been tracking well recently as its declining earnings compare poorly to other companies, which have seen some growth on average. The P/E is probably low because investors think this poor earnings performance isn’t going to get any better. If you…
