There’s Reason For Concern Over SBF AG’s (FRA:CY1K) Massive 30% Price Jump
SBF AG (FRA:CY1K) shares have continued their recent momentum with a 30% gain in the last month alone. The annual gain comes to 173% following the latest surge, making investors sit up and take notice.
In spite of the firm bounce in price, there still wouldn’t be many who think SBF’s price-to-sales (or “P/S”) ratio of 1.7x is worth a mention when the median P/S in Germany’s Electrical industry is similar at about 1.8x. Although, it’s not wise to simply ignore the P/S without explanation as investors may be disregarding a distinct opportunity or a costly mistake.
See our latest analysis for SBF
