It hasn't been a great morning session for KE investors, who have watched their shares sink by -2.9% to a price of $19.4. Some of you might be wondering if it's time to buy the dip. If you are considering this, make sure to check the company's fundamentals first to determine if the shares are fairly valued at today's prices.
an Exceptionally Low P/B Ratio but Priced Beyond Its Margin of Safety:
KE Holdings Inc., through its subsidiaries, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. The company belongs to the Finance sector, which has an average price to earnings (P/E) ratio of 20.04 and an average price to book (P/B) ratio of 1.86. In contrast, KE has a trailing 12 month P/E ratio of 39.6 and a P/B ratio of 0.33.
KE has moved 22.9% over the last year compared to 31.2% for the S&P 500 — a difference of -8.3%. KE has a 52 week high of $26.05 and a 52 week low of $12.44.
Strong Revenue Growth With No Capital Eexpenditures:
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $362 | $386 | $10,802 | $12,672 | $8,796 | $10,955 |
| Interest Income (M) | $44 | $181 | $25 | $56 | $108 | $178 |
| Diluted Shares (M) | 1,363 | 1,378 | 2,267 | 3,549 | 3,569 | 3,612 |
