It hasn't been the best quarter for Focus Lighting and Fixtures Limited (NSE:FOCUS) shareholders, since the share price has fallen 11% in that time. While that might be a setback, it doesn't negate the nice returns received over the last twelve months. To wit, it had solidly beat the market, up 12%.

View our latest analysis for Focus Lighting and Fixtures

In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.

Focus Lighting and Fixtures was able to grow EPS by 61% in the last twelve months. It's fair to say that the share price gain of 12% did not keep pace with the EPS growth. So it seems like the market has cooled on Focus Lighting and Fixtures, despite the growth. Interesting. This cautious sentiment is reflected in its (fairly low) P/E ratio of 4.98.

You can see how EPS has changed over time in the image below (click on the chart to see the exact values).

This free interactive report on Focus Lighting and Fixtures's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.

A Different Perspective

Focus Lighting and Fixtures shareholders should be happy with the total gain of 13% over the last twelve months, including dividends. We regret to report that the share price is down 11% over ninety days. It may simply be that the share price got ahead of itself, although there may have been fundamental developments that are weighing on it. You could get a better understanding of Focus Lighting and Fixtures's growth by checking out this more detailed historical graph of earnings, revenue and cash flow.

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on IN exchanges.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.