S. Korean Firms Stay Undervalued Among Major Economies

SEOUL, May 3 (Korea Bizwire) — South Korea’s major listed companies remain undervalued compared with their global peers as their share prices slump despite a jump in earnings, data showed Tuesday. The price-earnings ratio (PER) of stocks listed on the KOSPI market had come to 11.1 as of Monday, sharply down from 26 a year [...]