is lbl a bargain?

  1. 7,692 Posts.
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    LBL looks expensive if we look at its NTA of just over $3m,while it has a MC of $11m ( behaving like a growth stock )
    On the other hand it is a screaming bargain if we look at EPS of 1.9c , PE of 8 , Div 3.5% ( Typical of laggards with no growth prospects)
    Rather contradictory. Usually a growth stock tends to have a higher than average PE.
    Let's compare it to Google Inc ( I must be crazy )
    Google ............... LBL
    MC........$170b .................$11m
    PE......... 17 ...................8
    NTA....... $44b .................$3m
    Div........ Nil ................. 3.5%
    This bizarre comparison shows that both companys have roughly equal metrics except for the PE.
    When the market is comfortable that LBL is capable of maintaining EPS growth,its PE should move up to reflect the usual premium that growth stocks command.

 
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(20min delay)
Last
36.0¢
Change
0.000(0.00%)
Mkt cap ! $42.35M
Open High Low Value Volume
36.0¢ 36.0¢ 36.0¢ $136.5K 379.2K

Buyers (Bids)

No. Vol. Price($)
3 40562 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
36.5¢ 51256 2
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Last trade - 15.47pm 26/06/2025 (20 minute delay) ?
LBL (ASX) Chart
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