Tesla is growing at 50%+ every year, it deserves a massive PE. You can't really compare the two. Also WTC is overvalued, so again you can't say Altium is a buy because another business in a different industry is overvalued.
18% growth isn't anywhere near Tesla.. altium is fully priced at these levels, plus these high PE businesses will be smashed if the market continues to rotate from value to growth. I would say its a hold at best, DYOR
Tesla is growing at 50%+ every year, it deserves a massive PE....
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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 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ALU (ASX) Chart |