KGN 1.58% $4.36 kogan.com ltd

P/E Ratio - Which One Is Correct?

  1. 906 Posts.
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    I was hoping to get some help to determine the correct P/E Ratio for Kogan. If I use Investopedia definitions for EPS and P/E Ratio and the Kogan 1H 2018 Appendix 4D (Half year results) I get the following:

    Kogan Shares Outstanding: 93,464,938
    Net Profit 1H18: $8,326,606
    Earnings Per Share (EPS): $0.09 (as per 1H18 results. It also matches the definition that EPS equals Net Profit divided by Shares Outstanding)
    Share Price (COB today): $5.19

    Given the above I get:

    P/E Ratio of: 58 (using the definition that P/E ratio is share price divided by EPS)

    So why does:

    1) Commsec show a P/E Ratio of 160.44?

    2) Bloomberg show a P/E Ratio of 129.75?

    Which one is right? Do I have the wrong definitions of EPS and P/E ratio? Why do Commsec and Bloomberg have different P/E ratios?

    Any light anyone can shed would be greatly appreciated.

    Cheers
 
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