Rorze Corporation (TSE:6323) Looks Just Right With A 28% Price Jump
Rorze Corporation (TSE:6323) shares surged 28% recently, with a yearly gain of 18%. Despite a high P/E ratio of 20.1x, indicating potential overvaluation, analysts predict a 14% annual EPS growth over the next three years, outperforming the market's 9.6%. However, Rorze's recent earnings decline raises concerns about sustainability. Investors remain optimistic, supporting the high P/E due to anticipated growth, but caution is advised as two warning signs have been identified.
Simplywall·