My point being P/E is always high on the very best quality stocks. Can you tell me a top quality non-cyclical ie. 'safe' large cap that doesn't have a high P/E?
Transurban has a P/E of 174.69
Many say Xero is a top stock but it has a P/E from my EOD data of 216.05 and two years ago Commsec forecasted its one-year P/E ratio to be 532.3
In the health industry Resmed has a P/E of 54.06 making CSL look like a bargain.
Let me know which financial year(s) that CSL failed to grow a profit and I will research it.
My point being P/E is always high on the very best quality...
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Last
$280.92 |
Change
-1.080(0.38%) |
Mkt cap ! $135.7B | |||
| Open | High | Low | Value | Volume |
| $279.09 | $281.93 | $279.04 | $158.3M | 564.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250 | $280.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $281.00 | 199 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$280.90 |
Change
-1.080 ( 0.70 %) |
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| Open | High | Low | Volume | ||
| $279.61 | $282.55 | $279.06 | 59791 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| CSL (ASX) Chart |