With the recent run up in Neo Group, Japan Food seems to be on the cheaper side.
Comparing the next lowest P/B of 2.96 for Select Group , if Japan Food is to trade at 2.96x of book value,
Japan Food will worth 58cts.
If I compare the PE ratio of Japan Food and Select Group, if Japan Food is to trade at 15.88x PE, we are valuing it at 51cts.
Personally, i believe Japan Food will worth at least 58cts.
Comparing the next lowest P/B of 2.96 for Select Group , if Japan Food is to trade at 2.96x of book value,
Japan Food will worth 58cts.
If I compare the PE ratio of Japan Food and Select Group, if Japan Food is to trade at 15.88x PE, we are valuing it at 51cts.
Personally, i believe Japan Food will worth at least 58cts.
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