Sure it might be on a p/e of 11 now...but its all about future earnings...if earnings fall substantially then the p/e will blow out
Look at ptd trades on a p/e P/E: 1.52
Net Tangible Assets ($/share): $1.24
Share price $1.295
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macquarie bank limited
Sure it might be on a p/e of 11 now...but its all about future...
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