Why is it not reasonable to compare stocks in the same sector, even if they have a different product and cost structure ?
Because 'sector' is totally meaningless. An orphan drug has nothing in common with practice management software or ultrasound cleaning equipment. So it impossible to make any useful comparison.
Your NAB, QAN comments are febal…and the funny thing is we may soon have better PE ratios then they do!!
If the CUV P/E ratio is falling it is because the market thinks the growth prospects are very limited.
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