FMG 1.26% $18.75 fortescue ltd

Hi PilbaraBoy,would you mind explaining to me why FMG market cap...

  1. 274 Posts.
    lightbulb Created with Sketch. 65

    Hi PilbaraBoy,

    would you mind explaining to me why FMG market cap is 53B with PE 10.82 and RIO is 168B market cap with PE 21.312

    Im sorry if this is a simple question that I should know.

    Also could our PE be the same as RIO or BHP and if so what would it take and what would it do to the share price

    Please excuse my ignorance...I usually only follow speccies. FMG is my one blue chip. Im very happy with my choice!
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.