BIG Shopping Centers Ltd’s (TLV:BIG) Share Price Is Matching Sentiment Around Its Earnings
With a price-to-earnings (or “P/E”) ratio of 9.2x BIG Shopping Centers Ltd (TLV:BIG) may be sending bullish signals at the moment, given that almost half of all companies in Israel have P/E ratios greater than 14x and even P/E’s higher than 21x are not unusual. However, the P/E might be low for a reason and it requires further investigation to determine if it’s justified.
We’ve discovered 2 warning signs about BIG Shopping Centers. View them for free.
Recent times have been quite advantageous for BIG Shopping Centers as its earnings have been rising very briskly. One possibility is that the P/E is low because investors think this strong earnings growth might actually underperform the broader market in the near future. If that…
