Forum Archive Index - November 2003

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Re: [sharechat] Pe to high? reply to snoopy.by macdunk

From:	"G Stolwyk" <stolwyk@wave.co.nz>
Date:	Thu, 13 Nov 2003 22:15:52 +1300

I don't use retrospective P/E's unless I have to.

In AIA's case, define this year's profit and the P/E on the coming June 30, using today's price. Take a note of the retrospective P/E.

Define the difference between the two P/E's and mutiply it with the number of months gone of the new year/12,

Then subtract the result from the retrospective P/E, That way, we have a weighted P/E which is more honest as already nearly 4.5 months have gone.

Gerry

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