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STUDENT TRANSPORTATION INC 5.25 PCT DEBS T.STB.DB.A



TSX:STB.DB.A - Post by User

Comment by fellowshipon Jan 27, 2016 10:17am
109 Views
Post# 24497631

RE:After reading a few of the recent comments it's obvious

RE:After reading a few of the recent comments it's obvious
las5513 wrote: only bullish statements are welcome here so I will leave you one-sided people to yourselves and your 120 P/E ratio investment.


you are overlooking one aspect...
the company is traded both on TSX and NASDAQ.
Currently on Canadian P/E ratio is 123 while on the US is 86.50
You will see that the difference between these two is the actual
exchange rate between the USD and CAD.

123 / 86.5 = 1.42
1 US Dollar = 1.41 Canadian Dollar

Do you see the corelation ?
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