agree, however market cap is $5bil and the addressable market in revenue is $2-3Bill(with PME thinking they have the majority of this possible after 20 years or so). So in 20 years the sp will be $2bil x 10 times revenue(typical for a mature Saas like salesforce) = $20bil. Current price is $5bil, so another 4 times is possible in 20 years or around 15-20% per annum simple interest(still a good return) but of course it may not reach those estimates in which case the current price is very expensive.
basically this is being priced like an early stage salesforce for the healthcare market. Salesforce has gone from nothing to almost $300 a share at one point. Time will tell if the market is right.
- Forums
- ASX - By Stock
- PME
- There goes $50
PME
pro medicus limited
Add to My Watchlist
0.33%
!
$331.23

There goes $50, page-2
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$331.23 |
Change
1.100(0.33%) |
Mkt cap ! $34.56B |
Open | High | Low | Value | Volume |
$336.00 | $336.00 | $326.95 | $20.32M | 61.37K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9 | $331.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$331.30 | 2 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 16 | 331.180 |
1 | 2 | 331.160 |
3 | 31 | 331.130 |
1 | 1 | 331.100 |
1 | 1 | 331.020 |
Price($) | Vol. | No. |
---|---|---|
331.220 | 5 | 2 |
331.240 | 4 | 1 |
331.260 | 10 | 4 |
331.270 | 13 | 2 |
331.280 | 14 | 3 |
Last trade - 12.55pm 17/07/2025 (20 minute delay) ? |
Featured News
PME (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Iggy Tan, Executive Chairman
Iggy Tan
Executive Chairman
SPONSORED BY The Market Online