AXL 4.21% 9.9¢ axel ree limited

Ann: FY18 Trading Highlights and FY19 Earnings Guidance, page-5

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  1. 1,978 Posts.
    lightbulb Created with Sketch. 160
    Market Cap = $165m
    FY 2019 NPAT = $12.5-13.0m
    PE ratio = 13

    That is the opposite of 'PE ratio seems high' for a high growth company.

    And this is why it would not surprise to see share price double over the next year
 
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