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Why I am buying
Cheap PE ratio compared to peers
As of writing, Innotek’s pe ratio is 4.91 compared to its competitors (Sunningdale: 9.32, Fu Yu: 13.24,
Memtech: 19.71). Memtech will be delisted soon after the owners chose to take it private.
In this regard, Innotek’s current price of 0.52 is considered cheap