PME pro medicus limited

I am a huge fan of PME and have done exceedingly well on my...

  1. 569 Posts.
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    I am a huge fan of PME and have done exceedingly well on my investment.

    That said I still struggle to see how on earth the SP has hit current levels and shows no sign of falling back.

    2024 saw total revenues of $161.5 million and a profit before tax of $116.5 million yet the market values the company at $15,367 million - this is extraordinary......

    I know that revenues seem to increase by very healthy amounts each year and the gross margin is amazing but the P/E remains stratospheric.

    The SP was around $90 in December and the 2024 results would show a P/E of around 110 at that price.

    I sold a few this week at $150 - again mainly as PME was become too large a % of my SMSF portfolio....


 
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Last
$317.69
Change
3.010(0.96%)
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$319.39 $325.00 $316.78 $73.46M 230.0K

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1 225 $317.55
 

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Price($) Vol. No.
$320.05 734 1
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