would make sense
but
the PE ratios used on internet broker sight is last years profit / current share price etc.
The PE ratio quoted is 12.0
so if we have a profit some 30% above prior yr, then the pe ratio will significantly come down ..unless more shares issued? .. nope we had a buy back
not really sure
just read that a broker has reduced target in 12 months to $37, (previously $40) ... based on a market average PE ... (market ave pe is 15.85 ish)
I'ld still take $37 ...33.5% increase
buying opportunity, page-9
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Last
$44.58 |
Change
-0.790(1.74%) |
Mkt cap ! $226.1B | |||
| Open | High | Low | Value | Volume |
| $44.51 | $44.65 | $43.97 | $414.4M | 9.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12 | $44.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.58 | 8261 | 1 |
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