Yes the P/E has increased but so has the company's R&D investment. This will impact the earnings part for now but is an investment in the future. Any successful innovation could see earnings explode bringing the P/E down, the market is always forward looking and will be factoring this into the share price.
DYOR
Yes the P/E has increased but so has the company's R&D...
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Last
$309.52 |
Change
1.420(0.46%) |
Mkt cap ! $149.5B | |||
| Open | High | Low | Value | Volume |
| $307.00 | $309.75 | $306.70 | $145.9M | 481.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 796 | $309.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $309.53 | 304 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| CSL (ASX) Chart |