GXY
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0.00% $5.28 galaxy resources limited

"Using P/E to value a stock is one of the funnier things going...

  1. beeliney
    283 Posts.
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    16/01/18
    10:23
    Post #: 30332741
    "Using P/E to value a stock is one of the funnier things going around"

    Agreed. The denominator should always be shareholder equity. I've used cash earnings to equity to compare Orecobre and Galaxy in the following table. For the record, I hold no Orecobre.
    GXY Price at posting: $4.35 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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