There’s Reason For Concern Over Perfect Optronics Limited’s (HKG:8311) Price
It’s not a stretch to say that Perfect Optronics Limited’s (HKG:8311) price-to-sales (or “P/S”) ratio of 0.6x right now seems quite “middle-of-the-road” for companies in the Electronic industry in Hong Kong, where the median P/S ratio is around 0.4x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/S.
See our latest analysis for Perfect Optronics
How Perfect Optronics Has Been Performing
As an illustration, revenue has deteriorated at Perfect Optronics over the last year, which is not…
