HOG hawkley oil and gas limited

on the move, page-32

  1. 94 Posts.
    This is the correct way to calculate PE.

    You take NPAT (Meerkat is right on this), then you divide by the number of shares (which is why you have to calculate the dilution correctly) to get the NPAT attributable to each share. Then you divide the share price by that number to get your ratio, hence PRICE/EARNINGS.

    Its currently high 5s.
 
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