There’s Reason For Concern Over ABC-Mart,Inc.’s (TSE:2670) Price
With a median price-to-earnings (or “P/E”) ratio of close to 15x in Japan, you could be forgiven for feeling indifferent about ABC-Mart,Inc.’s (TSE:2670) P/E ratio of 16.1x. While this might not raise any eyebrows, if the P/E ratio is not justified investors could be missing out on a potential opportunity or ignoring looming disappointment.
ABC-MartInc’s earnings growth of late has been pretty similar to most other companies. It seems that many are expecting the mediocre earnings performance to persist, which has held…
