$Phibro Animal Health (PAHC.US)$Except for a slight shrinkag...
$Phibro Animal Health (PAHC.US)$Except for a slight shrinkage of 3.3% in 2020, the revenue has grown for 4 years in the past 5 years, with an average growth rate of 4.3%. The operating profit has significantly declined for 2 years in the past 5 years, resulting in an overall contraction. It is expected to grow by 5.5% in 2022, but the net income shows a declining trend, with a decrease of 9.6% in 2022.
The revenue grew by 5.2% in the first three quarters of 2023, while the operating profit declined by 14.3% and the net income declined by 49%.
The current P/E ratio is 11.6, and the P/E ratio TTM has increased to 20.1. The valuation is not attractive.
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