I think this is a bit silly. COH is arguable beyond paying up for quality defensive growth. Like another comment said, it's never been more expensive than it is currently. What you pay determines future returns. What return will investors get when COH trades at 30 times earnings again in the future? And 30 times earnings for low double digit growth is still comparably a lot.
Ann: COH 2018 Annual Report to shareholders, page-15
Add COH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$294.94 |
Change
-0.610(0.21%) |
Mkt cap ! $19.30B | |||
| Open | High | Low | Value | Volume |
| $300.80 | $300.80 | $293.61 | $35.77M | 121.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 518 | $294.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $295.33 | 361 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| COH (ASX) Chart |