DLB-Anlageservice AG’s (BST:DLB) 27% Price Boost Is Out Of Tune With Earnings
DLB-Anlageservice AG (BST:DLB) shareholders have had their patience rewarded with a 27% share price jump in the last month. The last 30 days bring the annual gain to a very sharp 59%.
Following the firm bounce in price, DLB-Anlageservice’s price-to-earnings (or “P/E”) ratio of 30x might make it look like a strong sell right now compared to the market in Germany, where around half of the companies have P/E ratios below 18x and even P/E’s below 11x are quite common. However, the P/E might be quite high for a reason and it requires further investigation to determine if it’s justified.
DLB-Anlageservice certainly…
