It's a huge bubble waiting to burst. Not just CBA but the whole banking sector. The PE here is 24. Is it the new normal for banks to be trading on PEs in excess of 15? It is always different until it isn't. Pull the other one. It sings Jingle Bells. Japan in the eighties comes to mind.
CBA TA update, page-1141
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Last
$136.04 |
Change
1.880(1.40%) |
Mkt cap ! $226.5B | |||
| Open | High | Low | Value | Volume |
| $134.50 | $136.11 | $134.32 | $70.12M | 518.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | $136.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $136.05 | 15 | 1 |
View Market Depth
| Last trade - 12.02pm 30/09/2024 (20 minute delay) ? |
| CBA (ASX) Chart |