nr36 schreef op 28 juli 2023 20:53:
Fugro N.V.'s (AMS:FUR) P/E Is On The Mark
Simply Wall St
Simply Wall St
Published July 28, 2023
ENXTAM:FUR
Fugro N.V.'s (AMS:FUR) price-to-earnings (or "P/E") ratio of 24.5x might make it look like a sell right now compared to the market in the Netherlands, where around half of the companies have P/E ratios below 17x and even P/E's below 8x are quite common. Although, it's not wise to just take the P/E at face value as there may be an explanation why it's as high as it is.
With earnings growth that's superior to most other companies of late, Fugro has been doing relatively well. The P/E is probably high because investors think this strong earnings performance will continue. If not, then existing shareholders might be a little nervous about the viability of the share price.