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Assertions identifying with our future exercises or other future occasions

 Safe Harbor Statement: Statements in this news delivery might be "forward-looking proclamations". Forward-looking explanations incorporate, however are not restricted to, proclamations that express our aims, convictions, assumptions, methodologies, expectations or some other assertions identifying with our future exercises or other future occasions or conditions. These assertions depend on current assumptions, evaluations and projections about our business based, to a limited extent, on suppositions made by the executives.  These assertions are not certifications of future execution and include dangers, vulnerabilities and suspicions that are hard to anticipate. Consequently, real results and results may, and are probably going to, vary substantially based on what is communicated or guage in forward-looking explanations because of various components. Any forward-looking assertions talk just as of the date of this news delivery and iQSTEL Inc. embraces no commitment to refres
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How Does Al-Babtain Power and Telecommunication’s (TADAWUL:2320) P/E Compare To Its Industry, After The Share Price Drop?

Unfortunately for some shareholders, the Al-Babtain Power and Telecommunication (TADAWUL:2320) share price have dived 35% in the last thirty days. The recent drop has obliterated the annual return, with the share price now down 23% over that longer period.

All else being equal, a share price drop should make a stock more attractive to potential investors. In the long term, share prices tend to follow earnings per share, but in the short term, prices bounce around in response to short term factors (which are not always obvious). So, on certain occasions, long term focussed investors try to take advantage of pessimistic expectations to buy shares at a better price. Perhaps the simplest way to get a read on investors’ expectations of a business is to look at its Price to Earnings Ratio (PE Ratio). Investors have optimistic expectations of companies with higher P/E ratios, compared to companies with lower what do computer engineers do.

Its P/E ratio suggests that Al-Babtain Power and Telecommunication shareholders think that in the future it will perform about the same as other companies in its industry classification. So if Al-Babtain Power and Telecommunication actually outperform its peers going forward, that should be a positive for the share price. Checking factors such as director buying and selling. could help you form your own view on if that will happen.
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