69 P/E/60 forward P/E despite no revenue growth for 4–5 quarters.
AGX trades at a 69 P/E and 60 forward P/E while revenue has not grown for four to five quarters.
AGX’s historical exposure is cyclical, yet the stock multiple has “gone nuts” while revenue has stalled for multiple quarters. Paying peak multiples without current growth increases the probability of multiple compression.
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