That forecast PE is based on future earnings at current price (ie. its trading at PE ~30 on FY24 EPS) so it is a good thing for the PE ratio to get lower
Here is your log price chart... if that ain't a strong long term trend I don't know what is.
That forecast PE is based on future earnings at current price...
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Last
$186.71 |
Change
-0.440(0.24%) |
Mkt cap ! $24.66B | |||
| Open | High | Low | Value | Volume |
| $187.70 | $188.36 | $185.24 | $57.24M | 306.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4336 | $186.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $186.82 | 90 | 1 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
$186.50 |
Change
-0.440 ( 0.37 %) |
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| Open | High | Low | Volume | ||
| $187.63 | $188.31 | $185.32 | 56142 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| REA (ASX) Chart |