Look at their price earnings ration (p/e) forecasts for 2010-2011. It's 199 cents per share or 47%. Forecasts for 2011-2012 is 231 cents or 16%.
I am surprised and you are surprised.
Based on the current share price the p/e ratio is 17. This is high compared to the average market p/e ratio of 11-14.
BHP is at p/e of 11 based on 88% growth forecasts.
RIO is at p/e of 11 based on 45% growth forecasts.
WOW is at p/e of 15 based on 14% growth forecasts.
You state that growth of 47% would put them "well above $34!!!" $34 fully factors in the best case scenario for WES in fin year 2010-2011.
I would invite you to do some research and post your findings
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Last
$82.45 |
Change
-0.260(0.31%) |
Mkt cap ! $93.50B | |||
| Open | High | Low | Value | Volume |
| $82.45 | $82.94 | $82.25 | $61.59M | 746.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12560 | $82.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $82.47 | 2929 | 1 |
View Market Depth
| Last trade - 16.10pm 14/07/2025 (20 minute delay) ? |
| WES (ASX) Chart |