Despite a 50% correction from the peak, shares of RVNL are still trading at a one-year forward price-to-earnings multiple of 44 times, nearly double its five-year average multiple of 23 times.
Despite a 50% correction from the peak, shares of RVNL are still trading at a one-year forward price-to-earnings multiple of 44 times, nearly double its five-year average multiple of 23 times.