Data is from Bloomberg:
- Top panel is FMG's blended forward 2-year PE - historically this level is not sustained so either the share price should drop, or earnings forecasts need to increase (probably a fair argument for the later at the moment).
- Middle panel is FMG's blended forward 2-year PE, less the same for BHP... currently FMG trades at a relative premium to BHP which is unusual suggesting FMG is overvalued, and BHP is undervalued.
- Bottom panel is the same as the middle panel but using RIO instead. Similar conclusion, but it is worthwhoile noting that FMG trading at a forward PE premium to RIO has become a trend.
- Forums
- ASX - By Stock
- Iron ore price
Data is from Bloomberg:Top panel is FMG's blended forward 2-year...
-
- There are more pages in this discussion • 5,536 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
|
|||||
Last
$16.13 |
Change
-0.070(0.43%) |
Mkt cap ! $49.66B |
Open | High | Low | Value | Volume |
$16.23 | $16.47 | $15.93 | $188.9M | 11.29M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 3323 | $16.13 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.15 | 750 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 3323 | 16.130 |
1 | 30059 | 16.120 |
7 | 2536 | 16.100 |
4 | 15849 | 16.090 |
5 | 3545 | 16.080 |
Price($) | Vol. | No. |
---|---|---|
16.150 | 750 | 1 |
16.160 | 2500 | 1 |
16.180 | 24718 | 4 |
16.190 | 3109 | 1 |
16.200 | 33601 | 6 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |