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The a2 Milk Company Limited's (NZSE:ATM) price-to-earnings (or "P/E") ratio of 20.3x might make it look like a sell right now compared to the market in New Zealand, where around half of the companies have P/E ratios below 15x and even P/E's below 10x are quite common. However, the P/E might be high for a reason and it requires further investigation to determine if it's justified.
With its earnings growth in positive territory compared to the declining earnings of most other companies, a2 Milk ...
>>> Read more: Investor Optimism Abounds The a2 Milk Company Limited (NZSE:ATM) But Growth Is Lacking
With its earnings growth in positive territory compared to the declining earnings of most other companies, a2 Milk ...
>>> Read more: Investor Optimism Abounds The a2 Milk Company Limited (NZSE:ATM) But Growth Is Lacking
