SHV 0.58% $3.45 select harvests limited

can someone help me understand this stock valuation?it's a...

  1. 18 Posts.
    can someone help me understand this stock valuation?

    it's a cyclical and now is possibly a boom time for it (poor US outlook in Almonds)

    it's growing it's source of revenue with acquisitions and planting.

    but PE ratio right now is over 90, compared with a typical 10-20, seems lots of optimism.

    yet, a lot of analysts (via nabtrade) have it as a buy.

    thoughts?
    https://hotcopper.com.au/data/attachments/3541/3541007-ed964fa6b93421428b0667f9da22b710.jpg
    https://hotcopper.com.au/data/attachments/3541/3541010-d5d251192d7694c903d8b56789b39910.jpg
 
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Last
$3.45
Change
0.020(0.58%)
Mkt cap ! $417.6M
Open High Low Value Volume
$3.42 $3.47 $3.37 $435.0K 126.7K

Buyers (Bids)

No. Vol. Price($)
1 868 $3.45
 

Sellers (Offers)

Price($) Vol. No.
$3.47 1314 1
View Market Depth
Last trade - 16.10pm 07/06/2024 (20 minute delay) ?
Last
$3.44
  Change
0.020 ( 0.19 %)
Open High Low Volume
$3.42 $3.47 $3.37 51043
Last updated 15.59pm 07/06/2024 ?
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