With a price-to-earnings (or "P/E") ratio of 6.2x Enel Chile S.A. (SNSE:ENELCHILE) may be sending bullish signals at the moment, given that almost half of all companies in Chile have P/E ratios greater than 9x and even P/E's higher than 14x are not unusual. Although, it's not wise to just take the P/E at face value as there may be an explanation why it's limited.
No comments:
Post a Comment