Q: Which one is a better buy ? The PE of PRL is so much higher than GSY. Thanks a million.
5i Research Answer:
GSY is about 3X bigger, and a bit cheaper on valuation. PRL is performing much better. Its market cap just surpassed $1B, a level at which tends to bring out new investors. PRL's historical P/E is high, but if we look forward, based on one-year estimates, its valuation is a much more attractive 12X earnings. We like both. GSY is likely 'safer' but PRL likely has more upside potential in the short term.