Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
From a ROE perspective, this has been trending up since 2020, but so has the market price. It is now trading at more than 3 times its book value. From a fundamental investor perspective I would consider this high for a brick-and-mortar company.
First rules for trading is never define a share price using its PE value. A good fundamental stock without any funds coming in is as well as a dead stock.