Well, they missed market estimates by a few percent. Price / Cash Flow ratio is 10 as cash flow was a couple hundred million higher than profit. QBE is arguably one of the best managed insurance companies in the world. This deserves some premium.
The current down-rating is as much the current market conditions as anything else. It is hard to find a good company - apart from a few in the health field - that have held on to high PE ratios.
On long-term basis this is nothing to worry about.
MJS
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Last
$17.61 |
Change
0.020(0.11%) |
Mkt cap ! $26.38B |
Open | High | Low | Value | Volume |
$17.55 | $17.65 | $17.48 | $40.91M | 2.327M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 8027 | $17.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.61 | 5304 | 34 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 7533 | 17.600 |
17 | 4321 | 17.590 |
9 | 2434 | 17.580 |
9 | 6292 | 17.570 |
8 | 10971 | 17.560 |
Price($) | Vol. | No. |
---|---|---|
17.610 | 2542 | 19 |
17.620 | 4347 | 30 |
17.630 | 5266 | 15 |
17.640 | 7950 | 16 |
17.650 | 7324 | 9 |
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