yes once analysts digest the info and calibrate projections the money will flow in slowly.
Focusing on the PE is a disservice to your time imo. Look at EPS, growth, margins etc. Actual business metrics are what influence large funds and how they invest. I wouldn't be surprised to see the PE move in lockstep as the SP appreciates in the coming years.
Ann: PME Full year results, page-14
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$135.39 |
Change
-2.530(1.83%) |
Mkt cap ! $14.13B | |||
| Open | High | Low | Value | Volume |
| $136.37 | $137.27 | $135.10 | $31.94M | 235.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 555 | $135.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $135.82 | 683 | 1 |
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