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
Ann: Company Announcement - Interim Results, page-26
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Last
$113.31 |
Change
-1.840(1.60%) |
Mkt cap ! $11.89B | |||
| Open | High | Low | Value | Volume |
| $114.91 | $115.78 | $112.93 | $26.33M | 231.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 112 | $113.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $113.50 | 749 | 2 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
$112.94 |
Change
-1.840 ( 2.09 %) |
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| Open | High | Low | Volume | ||
| $114.85 | $115.69 | $112.94 | 13302 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
| PME (ASX) Chart |