Where did you get your numbers for a P/B ratio of 3.82? That number is completely made up and far too high based on their current filings. Their P/B ratio is currently closer to 1.4, which although high, is understandable given their past years large outgoings investing into future growth. Based on current trajectory we should be out pacing that number over the next financial year. We're in a very strong position right now and at current prices KTD shares are looking very attractive. DYOR
KTD Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held