SXY
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0.00% $4.60 senex energy limited

P/E ratios are quite unreliable in this industry, and only a...

  1. kentbrock
    640 Posts.
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    27/02/12
    12:07
    Post #: 9755749
    P/E ratios are quite unreliable in this industry, and only a decent indicator for the big players.

    SXY's earnings from oil for instance are meant to more than triple this year, thus its P/E could fall substantially.

    I wouldn't lose any sleep over a P/E of 60.

    SXY Price at posting: $1.03 Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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