This really indicates how RIO failed maximise its assets in a boom with little or no change in earnings.
This years earnings of $6.30 and a pe ratio of 12 will see the company share price fall to as low as $56 and as high as $75 if the BHP take over falls over.
The share price will fluctuate as some of the us largest companies fall into receivership, this will create a market storm with pe ratios fluctuating between 9 and 12.
This applies not only to rio but the whole market.
- Forums
- ASX - By Stock
- pathetic earnings pe ration back to 12
This really indicates how RIO failed maximise its assets in a...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RIO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$110.09 |
Change
1.690(1.56%) |
Mkt cap ! $40.86B |
Open | High | Low | Value | Volume |
$110.42 | $111.63 | $109.38 | $294.4M | 2.619M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 317 | $110.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$110.40 | 100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 317 | 110.080 |
2 | 205 | 110.070 |
2 | 2050 | 110.000 |
1 | 2552 | 109.960 |
1 | 2552 | 109.850 |
Price($) | Vol. | No. |
---|---|---|
110.400 | 100 | 1 |
110.500 | 230 | 1 |
110.520 | 100 | 1 |
110.600 | 205 | 2 |
110.720 | 2552 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
RIO (ASX) Chart |