P/E is a good way to view what the market is tolerating in the stock market relative to interest rates. Interet rates and P/E have an inverse relationship. We can see that the RBA has set the cash rate to 0.10% which means the market will tolerate a higher P/E. Of course e25 won't have a P/E smack bang in the ASX average but the P/E will be high thanks to low bond yields, high growth prospects and a dividend that will push the stock up to a price that the yield is comparitive to the the rest of the industry.
P/E is a good way to view what the market is tolerating in the...
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Last
33.5¢ |
Change
0.015(4.69%) |
Mkt cap ! $73.67M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.5¢ | 32.0¢ | $121.7K | 371.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 67969 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 26984 | 2 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| E25 (ASX) Chart |