Benign Growth For Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) Underpins Its Share Price
With a price-to-earnings (or “P/E”) ratio of 9.8x Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) 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 37x are not unusual. However, the P/E might be low for a reason and it requires further investigation to determine if it’s justified.
Bayerische Motoren Werke could be doing better as its earnings have been going backwards lately while most other companies have been…
