Lesson 1 ... P/E Ratio: When stocks trade on a PE ratio of around 10 this means they are cheap! It means that for every $1 of earnings you will pay $10 meaning you would get your captial back in roughly 10 years of earnings.
When BANKS are trading at PE's of around 10 they are very cheap!! Look at NCP it's got a PE of about 40 .. expensive!!! What would you prefer...
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Last
$39.75 |
Change
0.870(2.24%) |
Mkt cap ! $121.7B | |||
| Open | High | Low | Value | Volume |
| $39.17 | $39.77 | $39.11 | $174.5M | 4.405M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 639 | $39.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.76 | 1000 | 1 |
View Market Depth
| Last trade - 16.11pm 24/06/2025 (20 minute delay) ? |
| NAB (ASX) Chart |