STO 1.49% $6.82 santos limited

im a bit curious how people value Santos. FY17 revenue has...

  1. 527 Posts.
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    im a bit curious how people value Santos. FY17 revenue has increase to A$3.6b, assuming profit margin is 10%, STO made $360m last year, P/E is about 30x, quite expensive to me. I have to say im not an expert on this sector and hope someone can help me with the price justification.
 
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Last
$6.82
Change
0.100(1.49%)
Mkt cap ! $23.02B
Open High Low Value Volume
$6.72 $6.84 $6.71 $42.88M 6.307M

Buyers (Bids)

No. Vol. Price($)
1 13309 $6.82
 

Sellers (Offers)

Price($) Vol. No.
$6.83 58478 6
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