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Despite an already strong run, Adairs Limited (ASX:ADH) shares have been powering on, with a gain of 28% in the last thirty days. Not all shareholders will be feeling jubilant, since the share price is still down a very disappointing 15% in the last twelve months.
In spite of the firm bounce in price, given about half the companies in Australia have price-to-earnings ratios (or "P/E's") above 19x, you may still consider Adairs as a highly attractive investment with its 8.7x P/E ratio. Although,...
>>> Read more: Adairs Limited (ASX:ADH) Surges 28% Yet Its Low P/E Is No Reason For Excitement
In spite of the firm bounce in price, given about half the companies in Australia have price-to-earnings ratios (or "P/E's") above 19x, you may still consider Adairs as a highly attractive investment with its 8.7x P/E ratio. Although,...
>>> Read more: Adairs Limited (ASX:ADH) Surges 28% Yet Its Low P/E Is No Reason For Excitement
