My understanding is that P/E ratio is calculated on earnings per share (EPS) and current share price. You are calculating P/E ratio by using NPAT and market capitalisation or something like that. I think the current P/E based on those numbers would be closer to 2.
Apparently EV divided by EBITA is the best measure to use.
What to try calculating that MN?
FY25 P&L Prediction, page-6
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