I think you'll find the P/E ratio is applied to a company's profit after tax, ie after the assets employed have been amortised and write-offs taken. You have suggested applying a P/E ratio to the after tax cash flow, a measure not used by analysts.
In the early years, a project may not generate an accounting profit but still have a healthy EBITDA.
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Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $97.15M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 3.0¢ | 2.7¢ | $594.6K | 20.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 4618545 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 140000 | 2 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
2.7¢ |
Change
-0.001 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 2.7¢ | 3.1¢ | 2.7¢ | 12098670 | ||
| Last updated 15.49pm 21/05/2024 ? | |||||
| M4M (ASX) Chart |