Further Upside For Riber S.A. (EPA:ALRIB) Shares Could Introduce Price Risks After 37% Bounce
Riber S.A. (EPA:ALRIB) shareholders would be excited to see that the share price has had a great month, posting a 37% gain and recovering from prior weakness. The last 30 days bring the annual gain to a very sharp 37%.
Even after such a large jump in price, there still wouldn’t be many who think Riber’s price-to-earnings (or “P/E”) ratio of 16.6x is worth a mention when the median P/E in France is similar at about 16x. 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.
Riber certainly has been doing a good job lately…
