Post by
sunshine7 on Jun 06, 2016 1:19pm
Does this make sense?
18.9 Price-to-earnings of the S&P/TSX Composite index based on 2016 analyst estimates. Five-year average is 15.4.
CXR sitting below 4.0 P/E, good growth forecast and buyout imminent.
Comment by
fdfd12 on Jun 06, 2016 1:21pm
The market looks ahead. The PE today may not be the PE tomorrow. Brexit and UK pharma regulations.