hi the price/earnings is about 11.80 @ 2.15 aud issue priceat...

hi the price/earnings is about 11.80 @ 2.15 aud issue price

at 2.35 it is 12.89 FY15 p/e on my numbers.

anyway slightly above your number, but still well below vet and nvt

i must admit though, nvt and vet's pe ratios are not sustainable in the long term, esp for small cap companies. e.g. VET has 75% of revenue reliant on govt funding, doesn't merit a 'premium' pe at all.

it was just a couple of years ago that small cap p/e's were around 10-12 rule of thumb, i guess the ongoing stock bubble has totally distorted this.