There’s No Escaping Regenbogen AG’s (FRA:RGB) Muted Earnings Despite A 46% Share Price Rise
Regenbogen AG (FRA:RGB) shares have continued their recent momentum with a 46% gain in the last month alone. Looking back a bit further, it’s encouraging to see the stock is up 50% in the last year.
Although its price has surged higher, Regenbogen’s price-to-earnings (or “P/E”) ratio of 12.4x might still make it look like a buy right now compared to the market in Germany, where around half of the companies have P/E ratios above 19x and even P/E’s above 37x are quite common. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the reduced P/E.
Earnings have risen firmly for…
