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When close to half the companies in Australia have price-to-earnings ratios (or "P/E's") above 17x, you may consider Karoon Energy Ltd (ASX:KAR) as a highly attractive investment with its 7.7x P/E ratio. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the highly reduced P/E.
Karoon Energy could be doing better as it's been growing earnings less than most other companies lately. The P/E is probably low because investors think this lacklustre earnings p...
>>> Read more: Sentiment Still Eluding Karoon Energy Ltd (ASX:KAR)
Karoon Energy could be doing better as it's been growing earnings less than most other companies lately. The P/E is probably low because investors think this lacklustre earnings p...
>>> Read more: Sentiment Still Eluding Karoon Energy Ltd (ASX:KAR)
