I believe that the actual P/E for Coles is around 20 and in fact lower than Woolworth's P/E for comparison, admittedly still a bit expensive though.
Not sure why Commsec (and maybe some others) display a P/E of 28, guess it's a bit messed up because they are a new listing.
Thanks.
I believe that the actual P/E for Coles is around 20 and in fact...
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$18.92 |
Change
-0.080(0.42%) |
Mkt cap ! $25.70B | |||
| Open | High | Low | Value | Volume |
| $18.93 | $18.95 | $18.76 | $7.916M | 419.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 5240 | $18.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.92 | 4082 | 26 |
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| COL (ASX) Chart |
