QBE 2.49% $17.31 qbe insurance group limited

shocking announcement, page-92

  1. 5,527 Posts.
    lightbulb Created with Sketch. 31
    Well (if you are being serious), the p/e ratio at 91 cents becomes:

    1146/91 = 12.59...

    Which for a great company is still 'reasonably cheap' (given the price at time of your post). But don't just use p/e to determine value, it's just useful as a guide.

    And the SP can go down (or up) regardless of actual value. For example, if it drops from an index then fund managers will unload, regardless of true value.... Which at the end of that process makes for some good buying!

    Anyway, good luck.
 
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