If you do a bit more research perhaps PNC is trading at discount due to the chequered history of its founder which was well flagged when they listed. I think CCP much higher quality business and deserves to trade on higher multiples although at ~13x FY18 earnings it is cheap itself considering the company is expecting ~ double digit growth. Hard to find double digit growth companies trading below 16x anywhere on the ASX.
CCP Price at posting:
$17.89 Sentiment: Hold Disclosure: Held
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