Q: Good morning,
Noticed BMO p/e meaningfully higher than other Cdn banks at 23x- is this accurate and if so can you please illuminate me as to why?
Thank you
Noticed BMO p/e meaningfully higher than other Cdn banks at 23x- is this accurate and if so can you please illuminate me as to why?
Thank you
5i Research Answer:
The forward P/E for BMO is 10.4X which is in-line with peers.