Inter Cars S.A.’s (WSE:CAR) Share Price Could Signal Some Risk
There wouldn’t be many who think Inter Cars S.A.’s (WSE:CAR) price-to-earnings (or “P/E”) ratio of 11.4x is worth a mention when the median P/E in Poland is similar at about 13x. While this might not raise any eyebrows, if the P/E ratio is not justified investors could be missing out on a potential opportunity or ignoring looming disappointment.
The earnings growth achieved at Inter Cars over the last year would be more than acceptable for most companies. It might be that many expect the respectable earnings performance…
