Sumitomo Corporation's stock price soars as it withdraws from unprofitable projects Even if market capitalization temporarily overturns Marubeni, is the ``lowest'' PER of the five largest trading companies appropriate? | Politics, Economy, Investment | Toyo Keizai Online
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Sumitomo Corporation's stock price soared, and its market capitalization briefly rose to fourth place among the five major general trading companies.
Sumitomo Corporation's stock price soared, and its market capitalization briefly rose to fourth place among the five major general trading companies. The pending sale of unprofitable businesses was highly evaluated in the stock market. However, its P/E ratio is the lowest among the five companies. This valuation is appropriate...
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