My point being P/E is always high on the very best quality stocks. Can you tell me a top quality non-cyclical ie. 'safe' large cap that doesn't have a high P/E?
Transurban has a P/E of 174.69
Many say Xero is a top stock but it has a P/E from my EOD data of 216.05 and two years ago Commsec forecasted its one-year P/E ratio to be 532.3
In the health industry Resmed has a P/E of 54.06 making CSL look like a bargain.
Let me know which financial year(s) that CSL failed to grow a profit and I will research it.
CSL has more downside...and chat, page-180
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Last
$291.16 |
Change
4.450(1.55%) |
Mkt cap ! $140.9B | |||
| Open | High | Low | Value | Volume |
| $288.54 | $291.16 | $287.78 | $172.9M | 595.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 172 | $290.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $291.16 | 9559 | 4 |
View Market Depth
| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| CSL (ASX) Chart |