Look at their price earnings ration (p/e) forecasts for 2010-2011. It's 199 cents per share or 47%. Forecasts for 2011-2012 is 231 cents or 16%.
I am surprised and you are surprised.
Based on the current share price the p/e ratio is 17. This is high compared to the average market p/e ratio of 11-14.
BHP is at p/e of 11 based on 88% growth forecasts.
RIO is at p/e of 11 based on 45% growth forecasts.
WOW is at p/e of 15 based on 14% growth forecasts.
You state that growth of 47% would put them "well above $34!!!" $34 fully factors in the best case scenario for WES in fin year 2010-2011.
I would invite you to do some research and post your findings
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$82.71 |
Change
-0.550(0.66%) |
Mkt cap ! $93.81B | |||
| Open | High | Low | Value | Volume |
| $83.29 | $83.29 | $82.00 | $69.96M | 847.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $82.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $82.76 | 2698 | 2 |
View Market Depth
| Last trade - 16.11pm 11/07/2025 (20 minute delay) ? |
| WES (ASX) Chart |