BGP News: Little Excitement Around Briscoe Group Limited's (NZSE:BGP) Earnings - 19th Dec 2023, 5:27am

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When close to half the companies in New Zealand have price-to-earnings ratios (or "P/E's") above 16x, you may consider Briscoe Group Limited (NZSE:BGP) as an attractive investment with its 12.2x P/E ratio. Although, it's not wise to just take the P/E at face value as there may be an explanation why it's limited.

Briscoe Group has been doing a reasonable job lately as its earnings haven't declined as much as most other companies. One possibility is that the P/E is low because investors think thi...

>>> Read more: Little Excitement Around Briscoe Group Limited's (NZSE:BGP) Earnings
 
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