NCM's Current P/E is 53.84. compared to market sector average (AUS) of 14.9.
BHPB is the biggest resource stock in the world, it's current P/E is 15.2
At current levels NCM is far too expensive. If you like the resources sector try swithching to BHPB it is way undervalued at current levels.
My opinion only, i have been wrong so please do your own research.
Cheers
Zackman