While I certainly don't believe there is a one size fits all PE valuation formula for all companies, I do believe PE is a useful tool in valuing businesses, you just have to figure out what PE is suitable based on expected growth and the companies position in its markets.
Anyway I happy to disagree with you, we will just have to wait until the full year results.
CZZ Price at posting:
$14.50 Sentiment: Hold Disclosure: Held
