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R*r
1
什么都是浮云,烧CMG不需要理由,啥时候烧才是关键.
原文在此
http://seekingalpha.com/article/375121-chipotle-growth-at-any-p
In conclusion, with CMG's P/E level at a multi-year high, it appears current
investors in CMG are assuming significant risk if history is any guide. CMG
's P/E multiple has expanded and contracted wildly throughout its history.
Now that CMG's EPS growth rate has slowed to 20% (as reported in 2011), CMG'
s current P/E multiple appears highly extended relative to historical levels
. As a matter of utmost concern, the P/E multiple has been increasing while
EPS growth has been decreasing, and investors would be wise to recognize
this disconnect. After all, price and earnings are the two most important
variables in any investment decision.
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