WBC averaged $2 per share in earnings over the last 5 years.
Lets say it makes a loss for the next 2 years, pays no dividend in that time and then returns to $2 per share in earnings.
So if the economy is back to "normal" in 2022, and it is once again making $2 per share, will people value it at 10 x earnings?
That'd be 20 bucks.
So you're looking at a 15% annual capital gain.
That's better than your zero per cent term deposit.....by a little bit.
Bank on a 70% return: Why 'tis the season to be bullish on the Big Four, page-30
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Last
$33.24 |
Change
0.175(0.53%) |
Mkt cap ! $114.1B | |||
| Open | High | Low | Value | Volume |
| $32.85 | $33.25 | $32.75 | $71.91M | 2.175M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 4219 | $33.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.24 | 617 | 12 |
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| Last trade - 14.48pm 18/11/2024 (20 minute delay) ? |
| WBC (ASX) Chart |