True, based on current earnings that would support a market cap of appprox $40m. However, higher p/e's can be justified when there is higher earnings growth. p/e of 10 should mean eps growth of 10% y-o-y, p/e of 20 means 20% eps growth etc. That's why we see some very big falls when high growth stocks dont meet market forecasts. Was Peter Lynch who suggested that metric.
True, based on current earnings that would support a market cap...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.41 |
Change
0.013(0.90%) |
Mkt cap ! $1.745B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.41 | $1.35 | $16.90M | 12.31M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 157060 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 283927 | 95 |
View Market Depth
| Last trade - 15.50pm 02/08/2024 (20 minute delay) ? |
| BGL (ASX) Chart |