well the forecast is 0.32c per share profit, which is about 1.0b. The market is giving it a P/E of 6 (@ 1.96 closing price). If 0.27c EPS than P/E of 7.25. If 0.25c or $780m profit than P/E of 7.8
Material sector average P/E approx 12.6
BHP at current price of $36.65 based on last EPS has P/E 12.6.
RIO P/E just below 14. EQN P/E about 19.5. PNA P/E about 21. Even though down 10% today. MRE P/E aboot 4.2. Being falling like a knife (nickel About 900m market cap)$1.95 from high of $7.50.
The OX is around half the sector average P/E?
OXR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
