Insufficient Growth At XTB S.A. (WSE:XTB) Hampers Share Price
When close to half the companies in Poland have price-to-earnings ratios (or “P/E’s”) above 14x, you may consider XTB S.A. (WSE:XTB) as an attractive investment with its 10.1x P/E ratio. Although, it’s not wise to just take the P/E at face value as there may be an explanation why it’s limited.
For instance, XTB’s receding earnings in recent times would have to be some food for thought. It might be that many expect the disappointing earnings performance to continue or accelerate, which has repressed the P/E. If you like…
