NCM 2.75% $28.78 newcrest mining limited

2180 - Price earning of 33.5 blended comsec Historical PE 42...

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    2180 - Price earning of 33.5 blended comsec

    Historical PE 42 plus! Google finance

    It went up but failed to deliver eps growth- if you look at the performance over the last few years- despite big cost cuts, small increases in production there is no real growth matching the growth multiples that were priced in imo, hence head winds moving the price up

    Compare it to other gold
    Companies in Australia and it valuation seems way way out there- and a headwind to further sustained gains imv
 
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Currently unlisted public company.

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