Wan Kok kin asked 4 years ago
For the GDEX company , the number of shares are so high that causing the eps so low , and then the PE ratio becomes so high (100.82) . Is the company overvalue ?
1 Answers
Victor Chng answered 4 years ago
Hi Kok Kin,
The share is high because of the warrant and bonus share that are issue to the shareholders. You are right to mentioned that the company is trading at a very high PE which may be overvalue unless the company can grow at a faster rate.
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