“The appropriateness of using the PBV ratio as a valuation depends on the type of industry the company is operating in. It should be an industry in which the company derives its income from assets. If this is the case, than the method seems appropriate,” he tells FocusM. - See more at: http://focusmalaysia.my/Mainstream/Hunting%20value%20stocks#sthash.ru2rw7Ou.dpuf
Stock: [EVERGRN]: EVERGREEN FIBREBOARD BHD
2017-01-30 11:00 | Report Abuse
“The appropriateness of using the PBV ratio as a valuation depends on the type of industry the company is operating in. It should be an industry in which the company derives its income from assets. If this is the case, than the method seems appropriate,” he tells FocusM. - See more at: http://focusmalaysia.my/Mainstream/Hunting%20value%20stocks#sthash.ru2rw7Ou.dpuf