BHP at $27.1 yesterday had a PE of about 4.2 based on 2009 earnings. Earnings may fall though but then again they might be steady or even rise, who knows. Market cap at these levels of about $90b. IF they keep turning profits like they are for the next two years then somethings gotta give.
possibly the bottom , page-8
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Last
26,683 |
Change
82.730(0.31%) |
Mkt cap ! n/a | |||
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| 26,683 | 0.00 | 0.00 |