MFG 1.64% $8.42 magellan financial group limited

Without exacts Id say we'd be looking at a PE of around 28 or 29...

  1. 725 Posts.
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    Without exacts Id say we'd be looking at a PE of around 28 or 29 right now. That is very high compared to its peers but it has also outperformed it's peers. A valuation in the high teens for a fund that's growing it's FUM and producing consistent year on year returns above the benchmarks would be a compelling buy.

    It has run way past that.
 
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