The reason this stock will never trade at less than 40x P/E:
(As for the current 60x P/E, however, I've long ago learnt to simply not look at that).
Ann: TNE profit up 18%, ARR up 20% driven by SaaS Plus and UK, page-8
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Last
$40.94 |
Change
0.435(1.07%) |
Mkt cap ! $13.37B | |||
| Open | High | Low | Value | Volume |
| $40.62 | $41.00 | $40.46 | $5.001M | 122.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 107 | $40.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.95 | 145 | 8 |
View Market Depth
| Last trade - 12.08pm 17/06/2025 (20 minute delay) ? |
| TNE (ASX) Chart |