Oh please, there's a big difference between 3 and 5. It's a 40% difference. And I agree that a PE of 5 is absurd too. The difference between a PE of 5 to 3 is NOT the same as the difference between 15 to 13. They are the same absolute difference but far different in percentage terms. Your math is about as outrageous and bogus as the moron who calls himself an analyst at Susquehanna.
Oh please use your brains!
What is the real difference between a p/e of 3 and 4 and 5, in the grand scheme of all things about stocks?
Wouldn't you agree that a p/e of 5 is just as absurd as 3 or 4?
So if 5 is fine, why not 4 and 3? Since they're probably all bogus anyway?!
I agree with you. The company itself is a trading company. They are not a real research company. Do they know how to value fundamentals? Just graduated from Indian Business school maybe. Jinko has a 50% margin and valued at $16 sounds like a stupid MBA student who just did a valuation for the first time!