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Synlait Milk Limited (NZSE:SML) shares have had a horrible month, losing 30% after a relatively good period beforehand. The recent drop completes a disastrous twelve months for shareholders, who are sitting on a 74% loss during that time.
Although its price has dipped substantially, there still wouldn't be many who think Synlait Milk's price-to-sales (or "P/S") ratio of 0.2x is worth a mention when the median P/S in New Zealand's Food industry is similar at about 0.6x. However, investors might ...
>>> Read more: Synlait Milk Limited (NZSE:SML) Stocks Pounded By 30% But Not Lagging Industry On Growth Or Pricing
Although its price has dipped substantially, there still wouldn't be many who think Synlait Milk's price-to-sales (or "P/S") ratio of 0.2x is worth a mention when the median P/S in New Zealand's Food industry is similar at about 0.6x. However, investors might ...
>>> Read more: Synlait Milk Limited (NZSE:SML) Stocks Pounded By 30% But Not Lagging Industry On Growth Or Pricing