What Vodafone Qatar P.Q.S.C.’s (DSM:VFQS) 25% Share Price Gain Is Not Telling You
Vodafone Qatar P.Q.S.C. (DSM:VFQS) shareholders would be excited to see that the share price has had a great month, posting a 25% gain and recovering from prior weakness. Looking back a bit further, it’s encouraging to see the stock is up 45% in the last year.
Since its price has surged higher, given around half the companies in Qatar have price-to-earnings ratios (or “P/E’s”) below 12x, you may consider Vodafone Qatar P.Q.S.C as a stock to potentially avoid with its 16.8x P/E ratio. However, the P/E might be high for a reason and it requires further investigation to determine if it’s justified.
Recent times have…
