In its last recorded trade, on 21 July 2026, Kourosh Food Industry (ticker "Ghakouresh") closed at its daily ceiling at a final price of 19,130 rials, roughly 6.4 times its level a year earlier. Yet its price-to-earnings ratio is estimated near 6.4, almost in line with the food sector's P/E of 6.44. Why this surge is mostly not a bubble, and where the real risk sits. (An informational report, not buy or sell advice.)
