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Pilbara Minerals Limited's (ASX
LS) price-to-earnings (or "P/E") ratio of 5.1x might make it look like a strong buy right now compared to the market in Australia, where around half of the companies have P/E ratios above 18x and even P/E's above 35x are quite common. Although, it's not wise to just take the P/E at face value as there may be an explanation why it's so limited.
Recent times have been pleasing for Pilbara Minerals as its earnings have risen in spite of the market's earnings going ...
>>> Read more: Pilbara Minerals Limited's (ASXLS) Business And Shares Still Trailing The Market
LS) price-to-earnings (or "P/E") ratio of 5.1x might make it look like a strong buy right now compared to the market in Australia, where around half of the companies have P/E ratios above 18x and even P/E's above 35x are quite common. Although, it's not wise to just take the P/E at face value as there may be an explanation why it's so limited.Recent times have been pleasing for Pilbara Minerals as its earnings have risen in spite of the market's earnings going ...
>>> Read more: Pilbara Minerals Limited's (ASX
LS) Business And Shares Still Trailing The Market