3 ms·
I'd also add that the impact on the bottom line isn't as severe as many think. GM is struggling with shortages, but they also just reported 2.8B in net income a
by jsight 5y ago
I'd also add that the impact on the bottom line isn't as severe as many think. GM is struggling with shortages, but they also just reported 2.8B in net income and 4B in cash flow. Their P/E ration is <6 at the time that I'm writing this. INTC is hugely profitable with a PE in the low double digits.
A lot of companies are trading at values that don't look at all unusual given their actual financial returns.