PACCAR Trading at a Discounted P/S: Should You Buy the Stock Now?

Trucking giant PACCAR (PCAR) is trading cheap at the moment from a valuation perspective.  Its forward earnings multiple of 1.68 is lower than the industry’s 2.95 as well as its own one-year average of 1.72. PCAR has a Value Score of B. Image Source: Zacks Investment ResearchShares of the company have declined 2% over the past year, underperforming the industry, sector and S&P 500. Its close competitor Volvo (VLVLY) rose around 18% over the same timeframe.One-Year Price Performance ComparisonImage Source: Z ...