PME 1.29% $174.98 pro medicus limited

p/e of 150 for 30% growth…ouch is only one word…Lot of people...

  1. 1,894 Posts.
    lightbulb Created with Sketch. 202
    p/e of 150 for 30% growth…ouch is only one word…

    Lot of people compare pme vs cuv albeit not apple vs Apple however I think for similar growth of both companies and solid debt free positions currently pme seems way overpriced and cuv way underpriced…

    not trying to cross promote but purely a comparison of p/e for similar growth companies, good cash balances, nil debts and both being very good quality companies.

    pme do command a premium but I will let market decide of p/e of 150 or 75….

    if at all it comes down to p/e of 75 I shall be a huge buyer but unsure if that time shall be seen….

    dyor
 
watchlist Created with Sketch. Add PME (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.