ive owned 9000 mrm shares for some months now as i believe they have great future,but i was donig some research and they said to aviod companys with a PE higher than 15, i notice mrm has a PE of 18.5, which is very high, can someone tell me if this is going to be problem for mrm as im not an expert and dont really understand PE that much,all comments welcome.
high pe
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Last
$2.64 |
Change
0.000(0.00%) |
Mkt cap ! $1.000B | |||
| Open | High | Low | Value | Volume |
| $2.64 | $2.64 | $2.62 | $6.958M | 2.642M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 99487 | $2.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.64 | 90201 | 6 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| MRM (ASX) Chart |