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1.54%

$66.62 wesfarmers limited

You wish.WES history tells why the PE is higher than others.

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23,142 Posts.

69

25/08/23

13:48

Post #: 69550506
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Originally posted by david25: ↑

Industrial and retail stocks should have a pe ratio of around 12 to 16 at best, Wes should have a Pe around 14.
At this point in time they are only paying 5.5% dividend when the bank is paying around 4%. ASX companies should be paying 7 to 9% dividend or around 3% to 4% above the bank rate.

A pe of 12 to 14 would reduce WES share price to around $33 to $37

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You wish.
WES history tells why the PE is higher than others.

WES Price at posting: $50.76 Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

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(20min delay)
Last $66.62		Change 1.010(1.54%)		Mkt cap ! $75.40B

Open	High	Low	Value	Volume
$66.01	$66.65	$65.89	$45.60M	688.5K

Buyers (Bids)

No.	Vol.	Price($)
4	52	$66.62

Sellers (Offers)

Price($)	Vol.	No.
$66.63	528	8

View Market Depth

No.	Vol.	Price($)
8	172	66.630
12	1010	66.620
12	341	66.610
9	1017	66.600
8	712	66.590

Price($)	Vol.	No.
66.650	706	15
66.660	920	11
66.670	738	7
66.680	628	6
66.690	150	1

Last trade - 15.12pm 06/06/2024 (20 minute delay)


Last $66.58			Change 1.010 ( 1.86 %)
Open	High		Low	Volume
$65.99	$66.70		$65.90	410957
Last updated 15.30pm 06/06/2024 ?

WES (ASX) Chart