Kyocera Corporation’s (TSE:6971) Price Is Out Of Tune With Revenues
When close to half the companies in the Electronic industry in Japan have price-to-sales ratios (or “P/S”) below 0.7x, you may consider Kyocera Corporation (TSE:6971) as a stock to potentially avoid with its 1.4x P/S ratio. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the elevated P/S.
See our latest analysis for Kyocera
What Does Kyocera’s P/S Mean For Shareholders?
Kyocera could be doing better as its revenue has been going backwards lately while most other companies have been seeing positive revenue…
