NYSE:BHEElectronic
Has Benchmark Electronics (BHE) Pulled Back Enough To Make Sense At Today’s P/E Ratio?
Wondering if Benchmark Electronics at US$53.53 is priced fairly for what you are getting, or if the market is missing something.
The stock has pulled back 6.2% over the last week and 7.4% over the last month, even though the year to date return is 21.9% and the 1 year return is 43.0%.
Over a longer stretch, the stock has recorded a 139.0% return across 3 years and 85.2% over 5 years. The recent weakness therefore sits against a much stronger multi year record, and that mix of shorter term...