Think Celsius Holdings Stock Is Expensive? This Chart Might Change Your Mind
Has Celsius Holdings (NASDAQ: CELH) become an expensive stock? Investors who don't examine the stock closely might believe so. Its price-to-earnings (P/E) ratio now exceeds 143, a dramatic surge from last fall, when it fell to just above 30.Nonetheless, a less commonly cited financial metric may cause investors to rethink its valuation. The question for investors is whether evaluating that metric might change perceptions of Celsius' valuation and the stock's value proposition in general.Image source: Getty Images.Continue reading
Has Celsius Holdings (NASDAQ: CELH) become an expensive stock? Investors who don't examine the stock closely might believe so. Its price-to-earnings (P/E) ratio now exceeds 143, a dramatic surge from last fall, when it fell to just above 30.
Nonetheless, a less commonly cited financial metric may cause investors to rethink its valuation. The question for investors is whether evaluating that metric might change perceptions of Celsius' valuation and the stock's value proposition in general.
Image source: Getty Images.
