The stocks from the German key industry are currently cheap.
(Photo: Getty Images, PR [M])
Dusseldorf “Shares are too expensive” is one of the most common objections when it comes to not investing in the stock market right now. However, “expensive” means more than just the fact that prices have risen sharply. Shares are expensive when the company and each individual share certificate cost more than the long-term average.
Measured against this, shares from a key German industry are currently not expensive at all, but really cheap: car shares. This applies in particular to the three major German manufacturers BMW, Mercedes and VW, but also to many international competitors in Europe, America and Asia.
But does “inexpensive”, as can be demonstrated below with the help of relevant key figures, also mean worth buying?
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