What SML Isuzu Limited’s (NSE:SMLISUZU) 31% Share Price Gain Is Not Telling You
Explore SML Isuzu’s Fair Values from the Community and select yours
SML Isuzu Limited (NSE:SMLISUZU) shares have continued their recent momentum with a 31% gain in the last month alone. The annual gain comes to 116% following the latest surge, making investors sit up and take notice.
Since its price has surged higher, given close to half the companies in India have price-to-earnings ratios (or “P/E’s”) below 27x, you may consider SML Isuzu as a stock to avoid entirely with its 44x P/E ratio. However, the P/E might be quite high for a reason and it requires further investigation to determine if it’s justified.
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