I believe that the actual P/E for Coles is around 20 and in fact lower than Woolworth's P/E for comparison, admittedly still a bit expensive though.
Not sure why Commsec (and maybe some others) display a P/E of 28, guess it's a bit messed up because they are a new listing.
Thanks.
Is Coles a sell or a buy after today's results?, page-8
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Last
$18.16 |
Change
0.100(0.55%) |
Mkt cap ! $24.33B | |||
| Open | High | Low | Value | Volume |
| $18.06 | $18.22 | $18.04 | $33.63M | 1.853M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 574 | $18.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.16 | 6254 | 4 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| COL (ASX) Chart |