That is a great spreadsheet and doubling your money by 30/6/23 is a great result.
I reckon the last two years lower P/E ratios is a reflection of higher interest rates, affecting the discount rates applied by investors to their investments and trying to gauge what company valuations should be.
Hopefully toward the end of 2024 interest rates start to head down, albeit slowly and valuations start to head up, albeit slowly.
Cheers......D
Ann: Full Year Results Announcement NCK, page-48
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$13.81 |
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| Open | High | Low | Value | Volume |
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