“Q3 sales down 13% at BMW” via Reuters

This is insane. BMW, once a top car manufacturer and the epitome of German engineering with its reputation as the ultimate driving machine, now has a market cap of less than $50 billion, which is less than Tesla's daily market cap vola. 😢

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Discussion

P/E ~ 4.5

Current ratio ~ 1.1

Price/Equity ~0.5

Profit margin ~18%

Looks like a reasonable buy to me

Because they very expensive here in the usa