Presumably the market, at some point, casts it gaze over at what's happening here:
Because if the trend over the past 6 months in risk-free investment yields continues (and I have no idea whatseover if they will or if they will tomorrow turn back down again) then presumably at some stage 35x P/E (or 40x or whatever it now is for ARB, on a sustainable earnings basis) starts to look relatively unappealing.
.
News: ARB ARB Corp Says Half Year Revenue Rose 21.6% To A$284 Million, page-19
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ARB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$37.04 |
Change
-0.590(1.57%) |
Mkt cap ! $3.049B | |||
| Open | High | Low | Value | Volume |
| $37.49 | $37.79 | $36.90 | $3.822M | 102.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 67 | $37.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.05 | 194 | 1 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| ARB (ASX) Chart |