Thanks for your opinion but I absolutely disagree on both...

Thanks for your opinion but I absolutely disagree on both accounts. First, the beauty of these numbers mean that even if the share price doubles, the P/E+debt, only goes from 10 to 11. AND they expect profit growth by 3% this year (wait till things recover!!)

Second, most companies now have P/Es of 9 or 10 which are in themselves low. This does not even include adding THEIR debts to the P/Es. Bottom line is, that PBG is WAY oversold, and it is only a matter of time (could be weeks, months, or years) until it is valued fairly again.

CCl by the way has a P/E of 16.5, add debt to that and it will take you around 20 years to own CCL from earnings (way longer if you include Tax), so in 10 years I would own PBG for an outlay of 1B (cost + debt) and by then earning 200M/yr (in todays value), and in 20 years, you would own ccl for and outlay of 8B for an earning 400M pre tax.

Sorry, but that is check-mate!!