What Dunelm Group plc’s (LON:DNLM) 27% Share Price Gain Is Not Telling You
Dunelm Group plc (LON:DNLM) shares have had a really impressive month, gaining 27% after a shaky period beforehand. Taking a wider view, although not as strong as the last month, the full year gain of 13% is also fairly reasonable.
In spite of the firm bounce in price, you could still be forgiven for feeling indifferent about Dunelm Group’s P/E ratio of 14.9x, since the median price-to-earnings (or “P/E”) ratio in the United Kingdom is also close to 16x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/E.
Our free stock report includes 1 warning sign investors should be aware of before investing in Dunelm Group. Read for free now.
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