You shouldn't use P/E ratios for many growth stock, especially the smaller ones. They are still in their growth phase and haven't reached operating leverage yet, which is when you start seeing EBITDA growth exceed Revenue growth.
Chart has traded in the high 30s range for almost 3 years now. The longer the consolidation, the bigger the breakout as shown by TSLA.
ALU
TSLA
You shouldn't use P/E ratios for many growth stock, especially...
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Last
$68.25 |
Change
0.020(0.03%) |
Mkt cap ! $9.004B | |||
| Open | High | Low | Value | Volume |
| $68.26 | $68.27 | $68.22 | $22.44M | 328.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 133 | $68.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $68.25 | 81170 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ALU (ASX) Chart |