Contracting P/E Ratios – European Value

I prefer ‘value’ (rather than growth) stocks being in distress because balance sheet analysis is an added and viable tool.

While there are surely holes in the argument that the ‘E’ (earnings) forecast may still be lowered, I think this market is in the general vicinity of favouring buyers, more so than ‘sellers’.

September 15, 2022

by Rob Zdravevski

rob@karriasset.com.au

Graphic Source: Bloomberg | Jean-Charles GAND