There Is A Reason Karelia Tobacco Company Inc.’s (ATH:KARE) Price Is Undemanding
Explore Karelia Tobacco’s Fair Values from the Community and select yours
With a price-to-earnings (or “P/E”) ratio of 8.9x Karelia Tobacco Company Inc. (ATH:KARE) may be sending bullish signals at the moment, given that almost half of all companies in Greece have P/E ratios greater than 16x and even P/E’s higher than 27x are not unusual. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the reduced P/E.
The earnings growth achieved at…
