The NGX has more stocks with negative price-to-earnings ratios, suggestive of the losses many listed companies have incurred over the past few months. However, some stocks have also displayed immense potential due to the profits posted by the companies.
As expected, most of these companies have been in the financial sector. Irrespective of returns posted by these stocks, there is little or no buzz around them. In this analysis by BusinessDay, stocks which are adjudged some of NGX’s most undervalued stocks are reviewed based on their price-to
