Is Magna International Inc's (TSE:MG) PE Ratio A Signal To Buy For Investors?

Magna International Inc (TSX:MG) is currently trading at a trailing P/E of 10x, which is lower than the industry average of 22.7x. While MG might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions. Today, I will
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Hungary's biggest lender OTP said consumer lending next year could even surpass levels seen in 2007 – the last credit boom before the crisis – both in … rate at a record low 0.9 percent for the foreseeable future and plans further measures in the 2018 election year to curb the costs of mortgage loans.
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“This transaction is just the first in a series that will see SRC increase available funding to financial institutions so they can increase mortgage financing availability to Saudis,” said Fabrice Susini, chief executive officer, SRC. “Our role is to make it possible for the average Saudi to obtain finance so they
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Mortgage lender HDFC will raise Rs. 2,000 crore by issuing debt securities on private placement basis. The '7.55 per cent HDFC, 20 February 2019' secured redeemable non-convertible debentures will be issued on a private placement basis, HDFC said in a regulatory filing. “The object of the issue is to
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The level of commercial/multifamily mortgage debt outstanding increased by $45.4 billion, or 1.5%, to $3.11 trillion in the third quarter of 2017. All four major investor groups, including commercial mortgage backed securities (CMBS), increased their holdings over the second quarter, according to the
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Steve Eldred, President and Chief Executive Officer of First National Bank and Trust Company (FNBT), is pleased to announce that Don O'Day has joined the company as Executive Vice President Chief Lending and Retail Officer. In this role, O'Day will lead the commercial and retail banking teams in
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Salt Lending (SALT) had a good 24 hours as the crypto jumped $0.322470790000001 or 3.19% trading at $10.44236293. According to Global Crypto Analysts, Salt Lending (SALT) eyes $11.49 target on the road to $17.98. SALT last traded at Binance exchange. It had high of $10.65 and low of $9.48 for
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Mr. Olsen rejected talk that Norway's housing market could be headed for a crash, but said that there are risks to the Norges Bank's outlook for “a soft landing” with regard to prices and construction investments. Following years of rapid increases, house prices in Norway have started to decline.
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FUNDING Circle has hit the €100m (£88.2m) loans milestone in Germany just two years after launch in the country. The business lending platform says 3,000 investors have backed 1,100 German businesses and created more than 2,000 jobs since 2015. The platform entered the European market
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Solution Lending Services Inc. (SLS) completes acquisition of Home123 technology and brand. Solution Lending Services Inc., a member of the Zolla Financial group of companies, recently completed its acquisition of the 20-year brand of Home123 and its technology units serving the real estate and
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PRISTINA (Kosovo), December 18 (SeeNews) – The European Bank for Reconstruction and Development (EBRD) said it is extending a 71 million euro ($83.4 million) loan to Kosovo's government for the construction of a 30 km highway section. The highway section connecting Kijeve village near the
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Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. The stock decreased 0.48% or $0.035 during the last trading session, reaching $7.225. About 333,154 shares traded. Dynex Capital
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The report Real Estate Software Market Research Report highlights key dynamics of North America Real Estate Software Market sector. Market report passes on a initial survey of the Market including its definition, applications and innovation. Additionally, the Industry report explores the ecumenical
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Cayan, a payment processing company that has been around the Boston fintech scene for the last 19 years, is in the process of getting acquired by Total System Services in an all-cash transaction valued at approximately $1.05 billion. The transaction is expected to close in the first quarter of 2018.
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Law professors Emily Houh and Kristin Kalsem really seem to hate the business of payday lending, at least as it is practiced here in the state of Ohio. It's the “Wild West,” they said in a recent Enquirer Op-ed. There are “no rules, no watchdog, no limits…” on what payday lenders can do to their clients.
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Freddie Mac, a government-sponsored enterprise entering its tenth year of conservatorship under the U.S. Treasury, nearly tripled its net income in the second quarter, to $4.7 billion. Excluding a large legal settlement, Freddie Mac made a profit of $1.8 billion – and reached a milestone of $1 trillion of
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FULTON, MD (December 18, 2017) — NewDay USA, a nationwide VA mortgage lender, today announced that it has been named to Inc. Magazine's list of the 5,000 fastest-growing private companies in the U.S. for the first time. NewDay USA was ranked number 3,901 for 2017. “Each year for 36 years,
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The sector has seen new lenders enter the market alongside long-established players that have traditionally been the market leaders. The regulatory changes have increased competition for new business meaning that consumers are being given more choice than ever to access funds by way of a
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LLOYDS Banking Group has established a strong lending pipeline to mid-market businesses in Yorkshire, despite Brexit uncertainty, according to a senior figure. Lloyds has revealed that its net lending to Yorkshire businesses for the year to September 2017 was up by 3.3 per cent to around £1.5bn.
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Announces $2.5 Million Preferred Capital Loan to Fund an Apartment Portfolio Acquisition in New York … Mortgage Debt Investments: Real estate debt and equity lending platform in major cities across the U.S., focused on providing all forms of bridge mortgage loans and joint venture capital.
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