Dalrymple Bay Infrastructure Limited’s (ASX:DBI) Share Price Could Signal Some Risk
Dalrymple Bay Infrastructure Limited’s (ASX:DBI) price-to-earnings (or “P/E”) ratio of 26.1x might make it look like a sell right now compared to the market in Australia, where around half of the companies have P/E ratios below 19x and even P/E’s below 11x are quite common. However, the P/E might be high for a reason and it requires further investigation to determine if it’s justified.
Dalrymple Bay Infrastructure certainly has been doing a good job lately as it’s been growing earnings more than most other companies. It seems that many are expecting the strong earnings performance to persist, which has raised…
