What rubbish. COH has the P/E it has because return on equity has been above 50% since it listed. Not to mention no debt. Check out CSL's return on equity.
COH trades at these high P/E levels and will continued to do so while earnings are strong and investors seek the relatively few stocks that are still showing strong growth in a falling market.
There is no reason to suggest that it will fall to CSL prices.
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COH
cochlear limited
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0.14%
!
$301.61

no vaccine for deafness, page-8
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Last
$301.61 |
Change
0.420(0.14%) |
Mkt cap ! $19.69B |
Open | High | Low | Value | Volume |
$303.00 | $304.49 | $301.38 | $1.569M | 5.185K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 33 | $301.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$301.61 | 1 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 21 | 301.670 |
6 | 21 | 301.660 |
2 | 12 | 301.630 |
4 | 15 | 301.620 |
3 | 16 | 301.610 |
Price($) | Vol. | No. |
---|---|---|
301.830 | 7 | 2 |
301.840 | 10 | 5 |
301.890 | 12 | 1 |
301.910 | 2 | 1 |
301.930 | 1 | 1 |
Last trade - 10.30am 15/07/2025 (20 minute delay) ? |
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COH (ASX) Chart |