There’s Reason For Concern Over Aniplus Inc.’s (KOSDAQ:310200) Massive 27% Price Jump
Aniplus Inc. (KOSDAQ:310200) shares have continued their recent momentum with a 27% gain in the last month alone. Looking back a bit further, it’s encouraging to see the stock is up 34% in the last year.
Although its price has surged higher, it’s still not a stretch to say that Aniplus’ price-to-earnings (or “P/E”) ratio of 11x right now seems quite “middle-of-the-road” compared to the market in Korea, where the median P/E ratio is around 12x. Although, it’s not wise to simply ignore the P/E without explanation as investors may be disregarding a distinct opportunity or a costly mistake.
