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Cochlear Limited's (ASX:COH) price-to-earnings (or "P/E") ratio of 65.3x might make it look like a strong sell right now compared to the market in Australia, where around half of the companies have P/E ratios below 18x and even P/E's below 9x are quite common. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the highly elevated P/E.
Recent times have been pleasing for Cochlear as its earnings have risen in spite of the market's earnings going into reve...
>>> Read more: Unpleasant Surprises Could Be In Store For Cochlear Limited's (ASX:COH) Shares
Recent times have been pleasing for Cochlear as its earnings have risen in spite of the market's earnings going into reve...
>>> Read more: Unpleasant Surprises Could Be In Store For Cochlear Limited's (ASX:COH) Shares
