A Piece Of The Puzzle Missing From Worldex Industry & Trading Co., Ltd.’s (KOSDAQ:101160) Share Price
When close to half the companies in Korea have price-to-earnings ratios (or “P/E’s”) above 13x, you may consider Worldex Industry & Trading Co., Ltd. (KOSDAQ:101160) as a highly attractive investment with its 4.9x P/E ratio. Although, it’s not wise to just take the P/E at face value as there may be an explanation why it’s so limited.
The earnings growth achieved at Worldex Industry & Trading over the last year would be more than acceptable for most companies. It might be that many expect the respectable earnings…