What Daiseki Eco. Solution Co., Ltd.’s (TSE:1712) 49% Share Price Gain Is Not Telling You
Daiseki Eco. Solution Co., Ltd. (TSE:1712) shares have continued their recent momentum with a 49% gain in the last month alone. The last 30 days bring the annual gain to a very sharp 56%.
After such a large jump in price, Daiseki Eco. Solution may be sending bearish signals at the moment with its price-to-earnings (or “P/E”) ratio of 21.2x, since almost half of all companies in Japan have P/E ratios under 14x and even P/E’s lower than 10x are not unusual. Although, it’s not wise to just take the P/E at face value as there may be an explanation why it’s as high as it is.
With earnings growth that’s superior…
