$Taro Pharmaceutical Industries (TARO.US)$Revenue has fluctu...
$Taro Pharmaceutical Industries(TARO.US$Revenue has fluctuated and declined over the past 5 years, and operating profit has declined rapidly for 5 consecutive years. Net profit was once drastically lost in 2021, and in 2022 it only recovered to less than a quarter of 2020. Revenue increased 2.9% in the first two quarters of 2023, and operating profit fell sharply by 89.3%. Net profit increased 1.5 times due to the reduction of special expenses in 2022.
Currently, the price-earnings ratio is 19.4, and the price-earnings ratio is TTM17.4, which is not supported by growth data.
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