I don't get it either except in the latest report it was stressed that the next half would be "challenging" so maybe its not as simple. In fact I believe they had earnings of 6.6 cents per share= 13.2cents per year = PE of 80/13.2= about 6. Not too bad! Hey, I've got lots of shares that I can't believe tanked. But they do. I bought into AEU at 15c, yet it had a NAV of $1.30. Go figure, its now 85c. Buy up on PBG. I'm thinking of it . Better than my current cost basis of $1.10
PBG Price at posting:
78.5¢ Sentiment: Hold Disclosure: Held