Amita Holdings Co.,Ltd.’s (TSE:2195) 26% Price Boost Is Out Of Tune With Earnings
Amita Holdings Co.,Ltd. (TSE:2195) shares have had a really impressive month, gaining 26% after a shaky period beforehand. Not all shareholders will be feeling jubilant, since the share price is still down a very disappointing 42% in the last twelve months.
Following the firm bounce in price, Amita HoldingsLtd may be sending bearish signals at the moment with its price-to-earnings (or “P/E”) ratio of 15.7x, since almost half of all companies in Japan have P/E ratios under 13x and even P/E’s lower than 9x are not unusual. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the elevated P/E.
We’ve discovered 3 warning signs about Amita HoldingsLtd. View them for free.
With earnings…
