My friend, this is how a pe ratio is worked out and it's very simple.
You will need to know the NPAT(net profit after tax), the EPS(earnings per share) and finally the share price.
This is all a pe ratio is and commonly used. Lets use $5m NPAT An issue of 831m shares and a sp of .13
NPAT divided by shares on issue, 5,000,000/831,000,000=0.006eps
sp of 0.13/0.006 eps=21.66
so thats a pe of 21.66 with 831m shares, a NPAT of $5m and a sp of 13 cents
More than anything else a pe of 21 or higher usually means its over-valued
And I dont have egg on my face because the market doesn't decide what the pe is as you just said, the facts of the company does, ie the issue and eps
.
Any future potential earnings are speculation and forward pe, instead of a trailing pe which i just showed you are based on estimates that are typically derived as the mean of those published by a select group of analysts, which have a history to go off.
BTW I'm not throwing stones, that's been done by yourself from your emotions and a lack of intelligence.
- Forums
- ASX - By Stock
- ADO
- Trading in ADO since quarterly
Trading in ADO since quarterly, page-56
-
- There are more pages in this discussion • 127 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 ADO (ASX) to my watchlist
|
|||||
Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.83M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $3.414K | 161.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 384663 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 616353 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 384663 | 0.021 |
12 | 2157550 | 0.020 |
10 | 3040767 | 0.019 |
10 | 1652665 | 0.018 |
4 | 194160 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 616353 | 6 |
0.023 | 857853 | 5 |
0.024 | 1306228 | 3 |
0.025 | 254144 | 5 |
0.027 | 680612 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
ADO (ASX) Chart |