Rheinmetall $RHM (-2,35 %) has seen tremendous gains since 2022. This year alone, with several announcements coming from Europe and Germany specifically, regarding huge investments in sectores like defense and infrastructures, the stock has grown 217%
However, it is currently trading at a P/E ratio of 105. How soon will we see all the investment announcements translating into profits for $RHM (-2,35 %) ? Is the stock currently overvalued?
