Eltonmann - when looking at P/E ratios you will find different brokers/websites use different variations of the ratios. Some use a current year P/E while others look at next FY or the couple after.
Mermaid comes from a lowish earnings base compared with some of the bigger stocks so there is a greater level of volativity in the P/E ratio ie. a high P/E ratio this year could turn into a very low one if a companies earnings uplift is coming from a lower base.
Hope that makes sunse as to why some of the smaller companies have high P/E ratios.
When investing it can be a case of risk v return - if you want the great growth in share price like you believe to be the case in MRM (per previous posts) you will need to take a higher risk than say investing in a top 50 company.
I still think MRM is too much of your portfolio but you may be rewarded for this risk.....may.....
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$2.69 |
Change
-0.010(0.37%) |
Mkt cap ! $1.019B |
Open | High | Low | Value | Volume |
$2.69 | $2.70 | $2.69 | $3.878M | 1.440M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 5543968 | $2.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.70 | 10093161 | 28 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 5543968 | 2.690 |
7 | 1199320 | 2.680 |
4 | 356757 | 2.670 |
1 | 9000 | 2.650 |
1 | 389 | 2.570 |
Price($) | Vol. | No. |
---|---|---|
2.700 | 10003161 | 26 |
2.710 | 196859 | 10 |
2.720 | 106847 | 5 |
2.730 | 17059 | 2 |
2.740 | 11000 | 1 |
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