What T-Robotics.Co.,Ltd.’s (KOSDAQ:117730) 26% Share Price Gain Is Not Telling You
T-Robotics.Co.,Ltd. (KOSDAQ:117730) shares have had a really impressive month, gaining 26% after a shaky period beforehand. Looking back a bit further, it’s encouraging to see the stock is up 49% in the last year.
After such a large jump in price, given around half the companies in Korea’s Machinery industry have price-to-sales ratios (or “P/S”) below 1.3x, you may consider T-Robotics.Co.Ltd as a stock to avoid entirely with its 4.2x P/S ratio. Although, it’s not wise to just take the P/S at face value as there may be an explanation why it’s so lofty.
Check out our latest analysis for T-Robotics.Co.Ltd
