OUTsurance Group Limited’s (JSE:OUT) Share Price Not Quite Adding Up
Explore OUTsurance Group’s Fair Values from the Community and select yours
When close to half the companies in South Africa have price-to-earnings ratios (or “P/E’s”) below 8x, you may consider OUTsurance Group Limited (JSE:OUT) as a stock to avoid entirely with its 27.8x P/E ratio. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the highly elevated P/E.
With earnings growth that’s superior to most other companies of late, OUTsurance Group…
