PE of 7.6 to 7.8 Based on Earnings Estimates??? | BMY Message Board Posts


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Msg  8223 of 8509  at  10/27/2021 11:53:27 AM  by

Paul777333


PE of 7.6 to 7.8 Based on Earnings Estimates???

BMY has estimated that their year end earnings will be  anywhere from $7.40 to $7.55 per share.  
 
I'm not a math wiz but at the current stock price of $57.48 isn't that a PE range of 7.6 to 7.8?
 
Am I missing something?  Is this not an insanely low valuation?  Even with patent loses isn't earnings suppose to grow in the single digits over the next 5 years?
 
Is there some huge risk that I am missing beside Congress? 


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Replies
Msg # Subject Author Recs Date Posted
8224 Re: PE of 7.6 to 7.8 Based on Earnings Estimates??? Biotech2050 2 10/27/2021 12:06:37 PM


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