Fundamentals between exchanges are flawed on NASDAQ BHP is trading with a pe ratio of 5.5 and on the ASX a pe ratio of 8.64 this means that on the astralian exchange bhp is trading 36% more than the us.
Its overpriced because its over valuation is relative to its pe ratio. If you took the australia share price back to a pe ratio of 5.5 the asx price would be $15.80 and this does make sense because thats a reduction in share price of 36% to reflect comparitive value.
- Forums
- ASX - By Stock
- target of 15 dollars with nasdaq comparison
Fundamentals between exchanges are flawed on NASDAQ BHP is...
-
- There are more pages in this discussion • 8 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 BHP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$41.76 |
Change
-0.900(2.11%) |
Mkt cap ! $211.7B |
Open | High | Low | Value | Volume |
$42.02 | $42.09 | $41.75 | $565.3M | 13.46M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
176 | 109821 | $41.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$41.80 | 17792 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
90 | 34406 | 41.750 |
3 | 2216 | 41.740 |
4 | 849 | 41.730 |
4 | 2201 | 41.720 |
9 | 5835 | 41.710 |
Price($) | Vol. | No. |
---|---|---|
41.800 | 167 | 1 |
41.850 | 750 | 1 |
41.870 | 1700 | 1 |
41.920 | 5200 | 1 |
41.930 | 43 | 1 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |