And even after its share price declined by 40% from its peak, the company’s P/E ratio is still 18x the industry average. That’s based almost entirely on brand reputation. There’s a long way to go down yet.
And even after its share price declined by 40% from its peak, the company’s P/E ratio is still 18x the industry average. That’s based almost entirely on brand reputation. There’s a long way to go down yet.