China Growth Stocks

[derek2000]

LPIH - China's energy sector easily gets PE ratio 15.

Quote:

"china stocks in LPIH's sector never get 15 PEs"

I almost wanted to agree with you, then I checked the PEs for Chinese stocks in the oil industry:

PTR (China Petro), PE ratio is 21
SNP, PE ratio is 19.

Also, the PEs for non-sexy small caps like UTA went to almost 20 (it settles for 13 right now.)

Those PE ratio boards well for Chinese energy small caps like NEP and LPIH.

For myself, I use a PE of 10 to estimate LPIH's future share price (my target: $5-$8 pps). But it would not hurt if the PE goes up to a similar range with its bigger brothers. LPIH is smaller but growing at a much faster rate (40% over the last two years, almost 100% expected next 12 months with the new facility)

When that happens, LPIH could see $10 to $15.