The BHI p/e ratio is running very high ..okay when the market is buoyant ...BUT..! ..."pack of cards" comes to mind..
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I just looked and eightball is correct. BHI stock price to earning ratio (a standard financial metric) is too high. Competitor p/e ratios are 12-20, but BHI jumped to 90 mid year. Implying that investors are either confident of big future returns ..or the stock should be trading nearer to $15 and not the current $52. Or put it another way ..big layoffs are on the horizon.
I guess it's a PUZZLE 😕 !
What the f*** is this suppose to mean?