Subdued Growth No Barrier To Calian Group Ltd.’s (TSE:CGY) Price
When close to half the companies in Canada have price-to-earnings ratios (or “P/E’s”) below 15x, you may consider Calian Group Ltd. (TSE:CGY) as a stock to potentially avoid with its 22.1x P/E ratio. However, the P/E might be high for a reason and it requires further investigation to determine if it’s justified.
Calian Group certainly has been doing a good job lately as its earnings growth has been positive while most other companies have been seeing their earnings go backwards. The P/E is prob…
