Is AutoNation’s Stock Overvalued Compared To Avis Budget?
An automotive retailer which deals in new and pre-owned vehicles, Aut0Nation’s P/S (price-to-sales) multiple of 0.2x is similar to the figure of 0.2x for Avis Budget Group, a global car rentals provider. So, is Autonation stock appropriately priced compared to Avis Budget Group stock? We believe...