the great thing about bal is that 9 million profit last year is a relatively small number. so any increase in profit will bring that p/e down very quickly. I remember last year the p/e got to 215 but NPAT went from 1.4 million to 9 million and the p/e diminished remarkably. expect the same and that's why 10 dollars is cheap.
Forecast Earnings for BAL for FY16, page-3
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