I see $MC.PA+0.7% stock is down quite a bit this year. For this year, $MC.PA+0.7% stock is down about 3%, but over the last six months, the stock is down more than 20%. The current share price still looks expensive to me, however, if the stock were to get below $625, I would be buying.
How do you view this company and at what price do you buy shares of this company?
LVMH
MC.PACapital Structure
Market Cap
353.1B
Enterpr. Val.
385.2B
Valuation
P/E
23.3
P/S
4.1
I just made a purchase this week:)
The price seems pretty decent to me. I think you could already beat the index with this, but I'd rather wait. I haven't really got the company figured out and I don't completely want to get into another title.
Price is fine, most multiples are under the 10y median. I see a negative view of the Chinese economy behind the decline. I am using the current situation to increase my position.