$SIA (C6L.SG)$ : Sharing a piece of news that I had just rec...
$SIA (C6L.SG)$ : Sharing a piece of news that I had just received.
There wouldn't be many who think Singapore Airlines Limited's (SGX:C6L) price-to-earnings (or "P/E") ratio of 9.9x is worth a mention when the median P/E in Singapore is similar at about 11x. Although, it's not wise to simply ignore the P/E without explanation as investors may be disregarding a distinct opportunity or a costly mistake.
Singapore Airlines certainly has been doing a good job lately as its earnings growth has been positive while most other companies have been seeing their earnings go backwards. It might be that many expect the strong earnings performance to deteriorate like the rest, which has kept the P/E from rising. If you like the company, you'd be hoping this isn't the case so that you could potentially pick up some stock while it's not quite in favour.
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