Losses for car services sector

Lately most stocks of the car services sector are under selling pressure. Over the past 3 months the sector is 7 percent lower. Investors who bought the average share of the sector in 2000 now have huge profit of around 506 percent. Since 2012 the sector trades 254 percent higher. On average the sector delivers a high dividend yield of 1 percent.

Returns car services sector

AEX-Amsterdam

The European automobile companies are in terms of their price/earnings ratios cheaper than the US ones. Per European share investors pay now less the for the expected earnings per share. So it seems the markets expect less growth of them. The whole sector now trades at a quite huge CAPE-ratio of 39. Andersen & Martini A/S, Scandinavian Brake Systems are Washtec are among the top CAPE-ratios. Tata Motors Ltd, D'Ieteren are Valeo among the ones with the lower CAPE-ratios.

The European car services sector has a CAPE of 12 and the US's sector of 11. Both the US and the European sector gained the past 12 months.

The EU stocks in this sector are around 12 percent higher and the US's are 11 percent higher.

The European automobile companies now deliver more dividends then the US ones. These in Europe now yield 0,82 percent and these in US 0,17 percent. 0, 0 and 0 have now the highest dividend returns (in case the dividends per share are unchanged).

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