Very very expensive. Lets say it grows at 40% per year for the next 4 years (risky predicting that far out and compounding at 40% per year is hard as you get larger), this will still be on a PE of 32. If anything remotely negative comes out, PME will just get slaughtered.
Put this into consideration, CSL and RMD are on a PE of 40 and still growing nicely. I feel like this stock needs to come back to earth.
Very very expensive. Lets say it grows at 40% per year for the...
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