Quantum software S.A.’s (WSE:QNT) Share Price Is Matching Sentiment Around Its Earnings
Quantum software S.A.’s (WSE:QNT) price-to-earnings (or “P/E”) ratio of 6.1x might make it look like a strong buy right now compared to the market in Poland, where around half of the companies have P/E ratios above 14x and even P/E’s above 28x are quite common. Although, it’s not wise to just take the P/E at face value as there may be an explanation why it’s so limited.
Quantum software certainly has been doing a great job lately as it’s been growing earnings at a really rapid pace. It might be that many expect the strong…