OT - Ford

Ford reported quarterly earnings that were 8.6% below y/o/y quarter. (Or maybe it was full year - no matter - the loss is the point.) Lt cap got it right at the beginning of the year hat automakers couldn't match last year sales. GM and Ford both were down on lower montly sales, blaming fewer 'rentals' (Selling to Hertz, I imagine.) The thing that I don't understand is, looking at my chicken s*it broker's data, is that PE is 5.5 and forward PE is 6.5.  I cannot believe that would be an 'industry standard' figure.