A2M 1.73% $5.28 the a2 milk company limited

BKL, A2M BAL....all high PE's, page-4

  1. 163 Posts.
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    PE is a variable data,not a fixed data.It depond on the share price and net profit /per shares or Market capital and total shares.Like Bellamy, when in august 2014,ipo for BAL.the total profit for bal is only 2million/per year. and the market capital is 100million.So the pe is 50 when IPO.1.5 years later, Now, BAL can get at least 20million profit,if the the share price not grow up,the pe only 5.But the truth is now the bal's PE is still 50,because the market capital also growth.
    If bal,a2m ,bkl 's net profit become stable,their profit cant grow up,i am sure now the share price is at peark.But if these company can still get big development,their share price is not at peak
 
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