What calculation are you using to get a PE of 140? A PE of 15 is more appropriate for a mature company with growth of less than 10%. I highly doubt BAL will experience growth of less than 10% for at least another 5 years.
BAL Price at posting:
$12.00 Sentiment: Buy Disclosure: Held
A PE of 15 is more appropriate for a mature company with growth of less than 10%. I highly doubt BAL will experience growth of less than 10% for at least another 5 years.
