AV Concept Holdings Limited’s (HKG:595) Share Price Is Matching Sentiment Around Its Earnings
With a price-to-earnings (or “P/E”) ratio of 2.9x AV Concept Holdings Limited (HKG:595) may be sending very bullish signals at the moment, given that almost half of all companies in Hong Kong have P/E ratios greater than 11x and even P/E’s higher than 21x 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 so limited.
We’ve discovered 3 warning signs about AV Concept Holdings. View them for free.
AV Concept Holdings certainly has been doing a great job lately as it’s been growing earnings at a really rapid pace. It might be that many expect the strong earnings performance to degrade substantially, which has repressed the P/E. If you like the company, you’d be…
