Youngster I meant what I said.
PRICE TO EARNINGS RATIO.
Shares on issue (465m) divided by projected earnings of 15m equals 31
Projected earnings/share at a sp of .33 is 31cents
33 divided by 31 equals 10.64
PE is 10.64
A mature stock can expect a pe in average times of about 14 when things get heated that can rise to 20 and at 10 is a good valuation for a emerging stock with risks. That quickly changes when the larger market accepts what they are being shown at the early growth stages.
News: ONE Oneview Healthcare Posts Business Update, page-4
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Last
33.0¢ |
Change
-0.010(2.94%) |
Mkt cap ! $222.9M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.5¢ | 33.0¢ | $35.67K | 107.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18895 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 73888 | 1 |
View Market Depth
| Last trade - 13.34pm 17/09/2024 (20 minute delay) ? |
| ONE (ASX) Chart |