Is this sustainable

  1. 2,062 Posts.
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    The P/E looks to have gotten well beyond 50. For a company growing at 10% pa this seems a bit overdone (it has hit another All time high today). What are peoples thoughts.

    I think P/E of 50 is too high because this is higher than even CSL, RMD and FPH (all of which are good defensive stocks with reasonable certainty in earnings growths).

    As a holder I obviously want this uptrend to continue but to expand my knowledge it would be good to get other peoples opinions.
 
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Last
$312.83
Change
-1.180(0.38%)
Mkt cap ! $20.45B
Open High Low Value Volume
$314.04 $316.34 $312.83 $32.53M 103.6K

Buyers (Bids)

No. Vol. Price($)
1 2 $312.75
 

Sellers (Offers)

Price($) Vol. No.
$314.51 72 1
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Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
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