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The price is based on the future earnings of the company from now until forever which is one reason why companies have wildly different PE ratios. This is a sho
by robjan 7y ago
The price is based on the future earnings of the company from now until forever which is one reason why companies have wildly different PE ratios. This is a short term problem but the commercial jet market is still basically a duopoly with a huge moat around it. Most carriers try to have a roughly half-half split between Airbus and Boeing in case any fleet gets grounded so, in the long term, Boeing will be fine.