WOW 0.46% $34.46 woolworths group limited

Could any one comment on why WOW is having such a very high P/E...

  1. 239 Posts.
    Could any one comment on why WOW is having such a very high P/E ratio when its earning per share is

    $ 1.35 (with 24 % increase reported for 2008)

    It is almost 20 in this bear market when big bluechips like BHP are suffering (though the sectorsare different)

    P/E of 20 is very much on the high side - should trade at 15 in my opinion

    Sara
 
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