APX 17.7% $1.00 appen limited

The company's guidance was for earnings to more than double from...

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    The company's guidance was for earnings to more than double from last year (EBITDA ~ $62-65m) which puts them on a forward PE of around 40 (might be slightly better).  It looks expensive but the market believes that growth will continue at a fairly rapid pace past this year. They had previously guided $50 - $55m so it has improved over the course of the year.  If they beat their guidance and forward statements are encouraging SP could improve further. 
 
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