Oh, I meant the lower ratio PNC had indicates less conservatism in the book value? If the the collections are low relative to book value that could be an indication of a stretched valuation? And the opposite for CCP? I think we had our wires crossed.
Yes asset turnover is a key metric they use, notably to compare themselves to US competitors.
Good pick up on the very low asset turnover of PNC, that is a red flag on top of the high leverage.
Ann: CLH ASX Release, page-61
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Last
$14.38 |
Change
0.530(3.83%) |
Mkt cap ! $982.8M | |||
| Open | High | Low | Value | Volume |
| $13.78 | $14.46 | $13.78 | $1.324M | 92.95K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 247 | $14.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.38 | 260 | 7 |
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| Last trade - 12.09pm 05/06/2024 (20 minute delay) ? |
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Last
$14.32 |
Change
0.530 ( 2.85 %) |
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| Open | High | Low | Volume | ||
| $13.87 | $14.46 | $13.86 | 21263 | ||
| Last updated 12.30pm 05/06/2024 ? | |||||
| CCP (ASX) Chart |