The P/E ratio is (as the name suggests) a ratio of a stock price divided by the firm's yearly earnings per share. The P/E ratio is calculated by dividing the stock's current PRICE by its latest EARNINGS PER SHARE. You will consider profit attributable to shareholders and not NPAT for P/E ratio calculations. FY21 profit attributable to shareholders = $46.4 million No. of shares = 821.3 million EPS = 5.65 cents For a conservative PE of 10, SP = 56.5 cents.
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