Rogers Communications Inc.’s (TSE:RCI.B) Business Is Yet to Catch Up With Its Share Price

It’s not a stretch to say that Rogers Communications Inc.’s (TSE:RCI.B) price-to-earnings (or “P/E”) ratio of 16.5x right now seems quite “middle-of-the-road” compared to the market in Canada, where the median P/E ratio is around 16x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/E.
Rogers Communications hasn’t been tracking well recently as its declining earnings compare poorly to other companies, which have seen some g…

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