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 • 5,574 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
$16.15 |
Change
0.020(0.12%) |
Mkt cap ! $49.47B |
Open | High | Low | Value | Volume |
$16.30 | $16.35 | $16.00 | $118.0M | 7.292M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10249 | $17.28 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.54 | 11019 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24006 | 17.440 |
3 | 10262 | 17.280 |
1 | 30655 | 17.190 |
1 | 34368 | 16.970 |
19 | 40182 | 16.950 |
Price($) | Vol. | No. |
---|---|---|
14.540 | 11019 | 2 |
15.020 | 4503 | 1 |
15.350 | 22151 | 8 |
15.360 | 1849 | 1 |
15.490 | 35703 | 1 |
Last trade - 15.59pm 06/09/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |