2Yr·
Opinion for $N/A

Hello all,

I am relatively new and currently trying to better understand the interplay between the share price and company numbers.


This stock caught my eye and I'm wondering why the price is at pretty much the same level as it was in mid-2019, even though the sales increases were really enormous. With the growth, a P/E of 11.74 seems very reasonable to me, doesn't it?


But I'm probably just missing something.

2 Comments

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There are many factors that can value a company - even the share prices are often irrational, if you find a company fundamentally top (I would have to take a closer look at yours) then the share prices will eventually follow :-)
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Without looking at it in detail now, I can only say the following from my own experience - the stock market and especially the market participants are far from being rational. Not everything can be explained by numbers. Therefore, it may be that you are overlooking something, it may be that the market is not "optimal".

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