Subdued Growth No Barrier To KYM Holdings Bhd’s (KLSE:KYM) Price
With a price-to-earnings (or “P/E”) ratio of 34.3x KYM Holdings Bhd (KLSE:KYM) may be sending very bearish signals at the moment, given that almost half of all companies in Malaysia have P/E ratios under 14x and even P/E’s lower than 8x are not unusual. 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.
For example, consider that KYM Holdings Bhd’s financial performance has been poor lately as its earnings have been in decline. It might be that many expect the…
