According to ComSec Research
(https://www2.commsec.com.au/Private...AJUsqXXWSfN5FQDWzv9fJr_UsbfcBA2&stockCode=BHP),
the expected growth rate in the next 2 years for BHP is 9.7% p.a. So it is NOT a high growth stock any more and the PEG valuation method is not applicable for it.
PEG is only working for high growth stocks, as I said in my post which you quoted.
Based on my own experiences, PEG works quite well for stocks with G>20 (%).
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- ALU's Trailing PE = 70
According to ComSec Research...
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