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With a price-to-earnings (or "P/E") ratio of 13.7x Eagers Automotive Limited (ASX:APE) may be sending bullish signals at the moment, given that almost half of all companies in Australia have P/E ratios greater than 19x 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.
With earnings that are retreating more than the market's of late, Eagers Automotive has been very sluggish. The P/E is ...
>>> Read more: Little Excitement Around Eagers Automotive Limited's (ASX:APE) Earnings
With earnings that are retreating more than the market's of late, Eagers Automotive has been very sluggish. The P/E is ...
>>> Read more: Little Excitement Around Eagers Automotive Limited's (ASX:APE) Earnings
