The Price Is Right For Orica Limited (ASX:ORI)
It’s not a stretch to say that Orica Limited’s (ASX:ORI) price-to-sales (or “P/S”) ratio of 1.2x right now seems quite “middle-of-the-road” for companies in the Chemicals industry in Australia, where the median P/S ratio is around 1.4x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/S.
View our latest analysis for Orica
How Orica Has Been Performing
With revenue growth that’s inferior to most other companies of late, Orica has been relatively sluggish. It might be that many…
