Earnings Tell The Story For Eckoh plc (LON:ECK)
When close to half the companies in the United Kingdom have price-to-earnings ratios (or “P/E’s”) below 16x, you may consider Eckoh plc (LON:ECK) as a stock to avoid entirely with its 50.9x P/E ratio. Although, it’s not wise to just take the P/E at face value as there may be an explanation why it’s so lofty.
Recent times have been quite advantageous for Eckoh as its earnings have been rising very briskly. It seems that many are expecting the strong earnings performance to beat most other compan…
