You must have a graph, FPH earning vs currency vs something......??
Printable View
Trading on a P/E of 56x???
Cheap as chips then :)
I wonder what Couta thinks?
FPH always had a high PE ….some say deserves it because if it’s high ROE ….others because if it’s growth profile etc etc
Anyway here’s how the PE has tracked over the years ……based on current earnings …not forecast earnings
A bit out of date …the line has gone higher since I updated it earlier lol
FPH up 500% over the last 10 years. A quarter of that gain is due to multiple expansion. Thats cool