GMO Pepabo, Inc.’s (TSE:3633) Share Price Not Quite Adding Up
There wouldn’t be many who think GMO Pepabo, Inc.’s (TSE:3633) price-to-earnings (or “P/E”) ratio of 14.2x is worth a mention when the median P/E in Japan is similar at about 14x. 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.
Recent times have been advantageous for GMO Pepabo as its earnings have been rising faster than most other companies. It might be that many expect the strong earnings performance to wane, which has kept the P/E from rising. If you like the company, you’d be hoping this isn’t the case so…
