Axiomax, I think u've mis-interpreted Dhukka. His/her intent seemed to be that PE and the like is useful only when taking into consideration the "bigger picture". One ratio is one part of a story.
In other words, a company PE 8 that might have flat to negative earnings for a couple of years plus uncertain future prospects is more "expensive" than a company PE 30 that is looking at 30% or whatever growth for a few years.
I think that was the intent.
MJS
Axiomax, I think u've mis-interpreted Dhukka. His/her intent...
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Last
$1.33 |
Change
-0.070(5.00%) |
Mkt cap ! $1.565B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.39 | $1.31 | $30.28M | 22.74M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 300000 | 1 |
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| BGL (ASX) Chart |