Can someone explain why is Baby Bunting trading at a P/E of 35? Just trying to understand the justification. Are people just trading this on hopium of the baby boom, or are there actual fundamentals that make this special? I don't get it. I ran these numbers two nights ago so perhaps some have slightly changed... But overall, the high valuation doesn't make sense.
P/E comparison: Wesfarmers: 25 Coles: 23 Woolworths: 28 Premier Investments: 16 Super Retail Group: 10 Myer: 7 Wesfarmers: 24 Harvey Norman: 7 JB Hifi: 12 Nick Scali: 12 Adairs: 13 Best & Less: 5 Joyce: 14 Accent Group: 26 Eagers Automotive: 11 Michael Hill: 11
Higher: Reject Shop: 38 City Chic Collective: 43
BBN Price at posting:
$4.84 Sentiment: Sell Disclosure: Held
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