"market don't trade on current P/E, it trades on...

"market don't trade on current P/E, it trades on expectations"
EXACTLY - so how can you judge PPX on a P/E that is 6 months old?
Below are the figures provide by my online broker - even these will change as I said b4


Issuer Name PAPERLINX LIMITED
Description ORDINARY FULLY PAID
Industry Group Paper Products - 15105020 Shares on Issue 446,172,209
Price (previous close in cents) 242 Market Cap ($) 1,079,736,746
Last Annual Report Data and Ratios
Earnings (cents per share) 40.7 Price To Earnings 5.95
Dividends (cents per share) 27.5 Yield (%) 11.36
Asset Backing (cents per share) 329 Price to Assets 0.74