Jungfraubahn Holding has rewarded long term holders with a strong multi year share price run, which now puts the focus squarely on what investors are paying for its earnings. With the stock recently closing at CHF 232.0, the key issue is whether that price is well grounded in the company’s profit generation today. Over the past 5 years the share price has gained 83.2%. This raises the question of how much of that move can be explained by the business’s earnings power. The group relies…