PWH 2.12% $11.99 pwr holdings limited

I understand that there is some cyclicality to earnings but EPS...

  1. 410 Posts.
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    I understand that there is some cyclicality to earnings but EPS of 7.77 for the half year, this puts it on a PE of 67.8 based on half year results? Market has definitely gotten very excited and obviously been over-paying. Will be interesting to see where this comes back to. I regret not pulling the trigger in the most recent June sell off at $5. I'd be comfortable paying something closer to a PE of 30, but don't see the upside at these levels. Great company, high on the watchlist, but these multiples are extreme.
 
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