A company only has a P/E if it is making money. Many junior oil companie for that reason do not have a measurable P/E. Once any company starts producing a profit, then its P/E I would suggest is a measure of its future earning potential as judged by the market. If that company has a high P/E then the market is determining that its future earnings potential is good. Conversely, if it has a low P/E, as is the case with CUE, then the market is saying that the future earnings potential of that company at that point in time is pretty ordinary.
A company only has a P/E if it is making money. Many junior oil...
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $76.85M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.5¢ | $42.89K | 382.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 513916 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 369179 | 3 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| CUE (ASX) Chart |