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Storage Titans Samsung Electronics and SK Hynix See Price-to-Earnings Ratios Plummet to 3 Times
1 day ago /
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Author：小编
On Monday, KB Securities, a premier brokerage firm in South Korea, highlighted that the current share prices of Samsung Electronics and SK Hynix are as undervalued as they were amid the global financial turmoil. Notwithstanding the substantial profit surges witnessed by both entities, their share price appreciation has lagged behind. Since the onset of this year, Samsung's and SK Hynix's share prices have surged by 65% and 88%, respectively. Nevertheless, as of the market's close on October 23, their share prices stood 36% and 52% lower, respectively, in comparison to their zeniths in late June.
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