Hello Doc,
Always happy to help out my TNY mates! Here is the rather convoluted answer to your query.
1. Comsec uses Aspect data where the PE is a weighted average of the current 12 month PE and the consensus forecast PE for the next fin year. This is a much lower figure due to high consensus EPS for next year (perhaps haven't been adjusted yet!).
2. Have done a few quick sums and the other figure of PE=20 is using a rolling 12 month EPS figure to calculate the PER (ie earnings from 1st half 02/03 and earnings from second half 01/02)
3 The figure I would be using in most cases (esp in a stock like CSL where there has been a significant drop in EPS for the half) is an annualised figure using this half's EPS * 2 which would give a PE of around 26 using yesterday's closing price. This is perhaps more representative of the current value.
I have no idea whether a rapid turnaround is expected for the EPS for next year as I don't follow CSL at all. Who knows........their EPS may drop next half! If a return to past performance is the case then maybe the figure of 20 may be more representative as it includes one half of last year's earnings- you will have to judge that. But for me, unless there is a good reason I'd be working on the current half times 2 and getting that figure of 26.
Regards.
Ed.
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Last
$294.90 |
Change
2.820(0.97%) |
Mkt cap ! $142.5B |
Open | High | Low | Value | Volume |
$292.49 | $294.90 | $292.10 | $154.2M | 524.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100 | $294.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$294.94 | 265 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100 | 294.470 |
1 | 10 | 294.300 |
3 | 1032 | 293.910 |
1 | 3463 | 293.870 |
1 | 956 | 293.750 |
Price($) | Vol. | No. |
---|---|---|
294.940 | 265 | 1 |
294.950 | 100 | 1 |
295.000 | 2104 | 19 |
295.100 | 140 | 2 |
295.110 | 76 | 1 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
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