BSN Media Holdings, Inc.’s (TSE:9408) P/E Is Still On The Mark Following 30% Share Price Bounce
The BSN Media Holdings, Inc. (TSE:9408) share price has done very well over the last month, posting an excellent gain of 30%. Looking back a bit further, it’s encouraging to see the stock is up 40% in the last year.
In spite of the firm bounce in price, it’s still not a stretch to say that BSN Media Holdings’ price-to-earnings (or “P/E”) ratio of 13.2x right now seems quite “middle-of-the-road” compared to the market in Japan, where the median P/E ratio is around 13x. 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.
