The PE is meaningless for MMA. They're a managed fund and managed funds make money from playing the stock market. The PE is essentially the fund's performance for one year, ie a PE of 5 means the fund returns 20% for that year. Obviously markets go up and down and returns from the stock markets are highly volatile. Over the next five years the return might be 5%, -10%, 15%, -20%. Equivalent to a PE for the fund, of 20, -10, 6.66, -5. In other words, the PE is entirely useless.
poor eps high dps, page-8
Add MMA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.26M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22727 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 8670 | 1 |
View Market Depth
| Last trade - 11.31am 20/08/2024 (20 minute delay) ? |
| MMA (ASX) Chart |
Day chart unavailable