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Tesla EPS growth: 94.96%, 660.27% Toyota EPS growth: 15.49%, 6.95% The market looks to the future. A company with 95% earnings growth deserves much higher P/E
by kjksf 4y ago
Tesla EPS growth: 94.96%, 660.27%
Toyota EPS growth: 15.49%, 6.95%
The market looks to the future. A company with 95% earnings growth deserves much higher P/E than a company with 16% earnings growth.
Tesla and BYD are clearly dominant players in a rapidly growing EV market.
Toyota is a laggard among other laggards. With a single EV only introduced for sale this year they are behind pretty much everyone.