JoeB07
Nov 3, 11:49 PM
$SIMO currently trades at 9.36 forward PE based on projected earnings of
$21.55 in FY27 (yahoofinance). Since the financial crisis SIMO has only traded this low (9x forward PE) twice, in 2018 and 2022. Outside of these two trough years SIMO has generally traded reliably between 12x-18x forward PE. I'll let you make your own conclusions, but I'm thinking the carnage could be over soon.
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