Just a couple of points
Payout ratio of Mermaid Marine's profits per share was 41% last financial year
Price earnings per share on this years earnings indicates Mermaid Marine Australia is at a P/E multiple of
9.43 - 11.32.
This is calculated on earnings of 25 - 30 cents per share.
Therefore the share price of Mermaid Marine Australia, currently as $2.83 is cheap based on FY 2010 earnings
The historical P/E is irrelevant for growth stocks like Mermaid Marine Australia
The above comments are my opinion as should not be construed as investment advice
high pe, page-5
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MRM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.58 |
Change
0.020(0.78%) |
Mkt cap ! $977.8M | |||
| Open | High | Low | Value | Volume |
| $2.56 | $2.59 | $2.54 | $37.20M | 14.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1350703 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.60 | 67518 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MRM (ASX) Chart |