With today's dip below $16 ARB is starting to look like reasonable value again with a trailing P/E of under 25x and a consensus forecast 2019 P/E of around 21x, albeit on an ambitious forecast EPS growth rate of 17%.
IMHO this might be a good entry point for longer term investors wishing to secure a position in what is undoubtedly one of the ASX's highest quality midcaps.
@madamswer, @MarsC, any observations?
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- Ann: Appendix 4E and Annual Report
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Last
$40.11 |
Change
0.540(1.36%) |
Mkt cap ! $3.300B |
Open | High | Low | Value | Volume |
$40.08 | $40.45 | $39.91 | $1.553M | 38.73K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 107 | $40.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$40.13 | 70 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 107 | 40.140 |
1 | 23 | 40.130 |
4 | 77 | 40.120 |
3 | 136 | 40.110 |
2 | 94 | 40.100 |
Price($) | Vol. | No. |
---|---|---|
40.160 | 693 | 7 |
40.170 | 42 | 3 |
40.180 | 162 | 8 |
40.190 | 489 | 8 |
40.200 | 238 | 12 |
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