Further Upside For Pacific Net Co.,Ltd. (TSE:3021) Shares Could Introduce Price Risks After 25% Bounce
Pacific Net Co.,Ltd. (TSE:3021) shareholders would be excited to see that the share price has had a great month, posting a 25% gain and recovering from prior weakness. Not all shareholders will be feeling jubilant, since the share price is still down a very disappointing 12% in the last twelve months.
Even after such a large jump in price, there still wouldn’t be many who think Pacific NetLtd’s price-to-earnings (or “P/E”) ratio of 14x is worth a mention when the median P/E in Japan is similar at about 13x. Although, it’s not wise to simply ignore the P/E without explanation as investors may be disregarding a distinct opportunity or a costly mistake.
We’ve discovered 3 warning signs about Pacific NetLtd. View them for free.
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