No.
Currencies are just mediums of exchange. PEN's earnings can be translated into yen, dollars, or seashells, the price to earnings measured in each currency will be identical.
Hypothetical scenario:
Earnings US$1
Share Price US$10
PE 10
Translate to Aussie $
Earnings AU$1.42
Share Price AU$14.20
PE 10
If there wasn't parity between the values there would be an arbitrage opportunity.
Why?, page-32
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $350.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $1.256M | 11.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1319659 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 3294808 | 27 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |