Exactly. BHP has an average PE ratio of approx' 15 and it has a long established revenue stream. PLS is in a growth sector, has a substantial growing income stream with a production growth profile that justifies much higher valuations. The market is supposed to be forward looking. BMI have given us expert analysis of what the future outlook is. The PE ratios being bandied about by the financial community are a crude attempt to try and put a lid on valuations while they fill up, IMO.
The cat has just popped its head out of the bag.
Exactly. BHP has an average PE ratio of approx' 15 and it has a...
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Last
$3.00 |
Change
0.090(3.09%) |
Mkt cap ! $8.944B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.02 | $2.83 | $75.42M | 25.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 55 | 189109 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 316199 | 53 |
View Market Depth
| Last trade - 15.54pm 07/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |