Insufficient Growth At S.C. Constructii Hidrotehnice S.A. (BVB:CHIA) Hampers Share Price
With a price-to-earnings (or “P/E”) ratio of 10.7x S.C. Constructii Hidrotehnice S.A. (BVB:CHIA) may be sending bullish signals at the moment, given that almost half of all companies in Romania have P/E ratios greater than 16x and even P/E’s higher than 48x are not unusual. However, the P/E might be low for a reason and it requires further investigation to determine if it’s justified.
With earnings growth that’s exceedingly strong of late, S.C. Constructii Hidrotehnice has been doing very well. It might be that many…