Why is COL on a PE of 28, is it a "growing" business?
Apologies to holders but this signifies to me that currently COL is significantly overvalued.
Even if it dropped half to a PE of 14 it still technically isn't cheap but would be fairly priced in my opinion.
Therefore as crazy as this sounds I think true value is around $6 which would be a PE of 14 I believe.
I wouldn't touch this with your money unless it's for a short term trade of swings which is fine.
GLTAH
Is Coles a sell or a buy after today's results?, page-7
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Last
$18.16 |
Change
0.100(0.55%) |
Mkt cap ! $24.33B | |||
| Open | High | Low | Value | Volume |
| $18.06 | $18.22 | $18.04 | $33.63M | 1.853M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 574 | $18.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.16 | 6254 | 4 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| COL (ASX) Chart |