Posted 2/4/2024, 1:04:19 AM
BOE Varitronix Share Price Plummets 72% in 12 Months Despite Strong Earnings Growth
- BOE Varitronix share price has fallen 26% over the last month, completing a disastrous 12 months for shareholders with a 72% loss
- Despite the heavy losses, BOE Varitronix's P/E ratio of 7.6x is still around the Hong Kong median of 9x
- The company has seen excellent recent EPS growth of 3.5% last year and 1,811% over the last 3 years
- Analysts forecast BOE Varitronix's earnings to grow 24% per year over the next 3 years, faster than the market's 16%
- The P/E ratio is moderate compared to the forecast growth, suggesting investors are skeptical of future growth potential