Genting Singapore Limited’s (SGX:G13) Share Price Could Signal Some Risk
When close to half the companies in Singapore have price-to-earnings ratios (or “P/E’s”) below 11x, you may consider Genting Singapore Limited (SGX:G13) as a stock to potentially avoid with its 14.9x P/E ratio. However, the P/E might be high for a reason and it requires further investigation to determine if it’s justified.
Genting Singapore could be doing better as its earnings have been going backwards lately while most other companies have been seeing positive earnings growth. It might be that many expect the dour…
