There’s Reason For Concern Over Personal Group Holdings Plc’s (LON:PGH) Massive 25% Price Jump
Explore Personal Group Holdings’s Fair Values from the Community and select yours
Personal Group Holdings Plc (LON:PGH) shareholders have had their patience rewarded with a 25% share price jump in the last month. The last month tops off a massive increase of 128% in the last year.
Following the firm bounce in price, Personal Group Holdings may be sending bearish signals at the moment with its price-to-earnings (or “P/E”) ratio of 20.3x, since almost half of all companies in the United Kingdom have P/E ratios under 15x and even P/E’s lower than 10x are not unusual. However, the P/E might be high for a reason and it requires further investigation to determine if it’s justified.
