SEHK:1211Auto
BYD (SEHK:1211) Stock Trades At A Premium On Earnings But A Discount On Broader Checks
BYD stock has fallen 21.7% over the past year, yet the current market multiples still lean on the expensive side and the broader valuation checks point to a more mixed picture rather than a clear bargain.
The share price is down 21.7% over the last 12 months, which may appeal to investors who have been waiting for a pullback before reassessing BYD.
Recent developments such as expanding production in Brazil and new product launches can support long term growth expectations, while execution...