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
$1.27 |
Change
-0.055(4.17%) |
Mkt cap ! $1.619B | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.31 | $1.26 | $14.80M | 11.54M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 76737 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 21711 | 2 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| BGL (ASX) Chart |