LOL.
1. Only a few years ago? 2008 and 2011 are not 'a few years ago' it's a decade ago.
2. A decade ago, China's boom was growing, and even at $47.40, BHP was making so much money it was trading at less than P/E of 15. Today, at $31, the P/E is already 22. BHP is not making enough money to justify its pricing.
3. As always, people are overconfident during a boom and overly gloomy during a bust.
Fair value $47.40 per share, page-339
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Last
$42.63 |
Change
0.030(0.07%) |
Mkt cap ! $216.3B | |||
| Open | High | Low | Value | Volume |
| $42.79 | $42.94 | $42.39 | $185.4M | 4.347M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 458 | $42.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.63 | 2184 | 1 |
View Market Depth
| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |