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
p/e of 150 for 30% growth…ouch is only one word…Lot of people...
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Last
$116.46 |
Change
3.290(2.91%) |
Mkt cap ! $12.16B | |||
| Open | High | Low | Value | Volume |
| $118.25 | $120.73 | $115.70 | $46.07M | 392.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 952 | $116.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $116.57 | 3111 | 1 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
$116.83 |
Change
3.290 ( 3.60 %) |
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| Open | High | Low | Volume | ||
| $118.74 | $120.67 | $115.70 | 53861 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| PME (ASX) Chart |