Cecilia Lui asked 4 years ago
Hi Victor, for Perennial Real Estate holdings Limited. Their P/E is high and P/B is about 40-50% cheaper.
As most of their projects are still under development, their earning contribution will only be visible in few years time.
So how do we value this type of company? Do we solely base on price to book ratio only or more valuation metric?
1 Answers
Victor Chng