A Piece Of The Puzzle Missing From G3 Global Berhad’s (KLSE:G3) 33% Share Price Climb
The G3 Global Berhad (KLSE:G3) share price has done very well over the last month, posting an excellent gain of 33%. Unfortunately, the gains of the last month did little to right the losses of the last year with the stock still down 20% over that time.
In spite of the firm bounce in price, considering around half the companies operating in Malaysia’s Healthcare industry have price-to-sales ratios (or “P/S”) above 2.4x, you may still consider G3 Global Berhad as an solid investment opportunity with its 1.7x P/S ratio. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the reduced P/S.
