Does Hollysys Automation Technologies Ltd.'s (NASDAQ:HOLI) P/E Ratio Signal A Buying Opportunity? [Yahoo! Finance News]
Hollysys Automation Technologies, Ltd. (HOLI)
Last hollysys automation technologies, ltd. earnings: 2/19 05:00 pm
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Source: Yahoo! Finance News
Does Hollysys Automation Technologies Ltd.'s (NASDAQ:HOLI) P/E Ratio Signal A Buying Opportunity? This article is written for those who want to get better at using price to earnings ratios P/E ratios). We'll look at Hollysys Automation nologies Ltd.'s NASDAQ:HOLI Hollysys Automation nologies has a price to earnings ratio of 7.54 See our latest analysis for Hollysys Automation nologies How Do I Calculate A Price To Earnings Ratio? The formula for P/E Price to Earnings Ratio = Price per Share ÷ Earnings per Share EPS) Or for Hollysys Automation nologies: P/E of 7.54 = $15.62 ÷ $2.07 Based on the year to June 2019.) Is A High P/E Ratio Good? The higher the P/E ratio, the higher the price tag of a business, relative to its trailing earnings. That is not a good or a bad thing per se Does Hollysys Automation nologies Have A Relatively High Or Low P/E For Its Industry? One good way to get a quick read on what market participants expect of a company is to look at its P/E ratio. The image bel
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