A Piece Of The Puzzle Missing From Ta Yang Group Holdings Limited’s (HKG:1991) 129% Share Price Climb
Explore Ta Yang Group Holdings’s Fair Values from the Community and select yours
Ta Yang Group Holdings Limited (HKG:1991) shares have had a really impressive month, gaining 129% after a shaky period beforehand. While recent buyers may be laughing, long-term holders might not be as pleased since the recent gain only brings the stock back to where it started a year ago.
Even after such a large jump in price, there still wouldn’t be many who think Ta Yang Group Holdings’ price-to-sales (or “P/S”) ratio of 0.2x is worth a mention when the median P/S in Hong Kong’s Electronic industry is similar at about 0.5x. While this might not raise any eyebrows, if the P/S ratio is not justified…
