For those who have faith in P/E ratios.
At what P/E do you buy ANZ or NAB in a bear market?
I've heard banks trade on an avg P/E of 7 in bear markets?
I believe ANZ is on a P/E of approx 9 atm...
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Last
8,589.3 |
Change
-13.700(0.16%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,603.0 | 8,617.0 | 8,572.1 |
| XJO (ASX) Chart |