The European automobile sector now have lower dividend yields then the American ones. These in Europe now yield 1,3 percent and these in US 24 percent. Daimler , Volvo and MAN AG have now the highest dividend returns (in case the dividends per share are unchanged).
Lately most stocks of the automobile sector are in high demand. Over the past 3 months the sector is around 5 percent higher. Investors who bought the average share of the sector in 2007 now have a stunning profit of around 104 percent. Since 2012 the sector trades 140 percent higher.
The American automobile producers are in terms of their price/earnings ratios cheaper than the European ones. Per US share investors pay now less the for the expected earnings per share. So it seems the markets expect less growth of them. The European automobile sector has a CAPE of 32 and the US's sector of 0,5. Shares with the more extreme CAPE-ratios are SAF-Holland , Thor Industries and Cognex. Shares with the lower CAPE-ratios are Volkswagen, Renault and BMW .
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