3PL News: Why We're Not Concerned About 3P Learning Limited's (ASX:3PL) Share Price - 19th Apr 2023, 10:30am

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3P Learning Limited's (ASX:3PL) price-to-earnings (or "P/E") ratio of 65.9x might make it look like a strong sell right now compared to the market in Australia, where around half of the companies have P/E ratios below 16x 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 so lofty.

Recent times haven't been advantageous for 3P Learning as its earnings have been rising slower than most other companies. One ...

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