Baby formula market
It has been a different story for rival Bellamy’s Australia Ltd (ASX: BAL) this year which has seen its share price fall 1.05% to $7.51 per share at yesterday’s close. However, a forward P/E ratio of 17.8 is more attractive than the lofty 35.2 of A2 Milk and could demonstrate an attractive relative value play in 2019 for those keen on the baby formula market.
https://www.fool.com.au/2019/01/18/a2-milk-shares-have-surged-14-this-year-but-is-there-a-better-alternative/
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