LTM
LATAM Airlines Group S.A.
stock NYSE ADR

A reasonable valuation for a mature company with saturated markets, when the 10-Treasury is at 4.7%, would be around 15 × earnings. Around $38-42 per share (depending on whether on uses LTM earnings or NTM estimates).
Wal-Mart traded below 15 × earnings until 2017. That's the norm. The 9 years since have been the aberration.

A reasonable valuation for a mature company with saturated markets, when the 10-Treasury is at 4.7%, would be around 15 × earnings. Around $38-42 per share (depending on whether on uses LTM earnings or NTM estimates).
Wal-Mart traded below 15 × earnings until 2017. That's the norm. The 9 years since have been the aberration.