There Is A Reason DIT Corp.’s (KOSDAQ:110990) Price Is Undemanding
DIT Corp.’s (KOSDAQ:110990) price-to-earnings (or “P/E”) ratio of 9x might make it look like a buy right now compared to the market in Korea, where around half of the companies have P/E ratios above 14x and even P/E’s above 28x are quite common. However, the P/E might be low for a reason and it requires further investigation to determine if it’s justified.
With earnings growth that’s exceedingly strong of late, DIT has been doing very well. One possibility is that the P/E is low because investors think this strong…
