WES 1.21% $68.40 wesfarmers limited

A visual representation of david25's argument.The black line is...

  1. 10,063 Posts.
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    A visual representation of david25's argument.The black line is WES's forward PE (based on expected earnings in 12 months (weighted)), as one can see the forward PE has "exploded" and the primary driver of WES's share price performance.

    However, you can see the direct correlation with 10 year bond yields. The forward PE exploded when bond yield 's collapsed. So the issue here is nothing to do with WES (in principle), but bond yields which impact every stocks valuation.
    https://hotcopper.com.au/data/attachments/2977/2977759-c8a58a0f233ef9fad8c2b68adf17a03f.jpg

 
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Last
$68.40
Change
0.820(1.21%)
Mkt cap ! $77.57B
Open High Low Value Volume
$68.00 $68.40 $67.66 $114.3M 1.675M

Buyers (Bids)

No. Vol. Price($)
1 150 $68.26
 

Sellers (Offers)

Price($) Vol. No.
$68.41 262 2
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
$68.23
  Change
0.820 ( 1.16 %)
Open High Low Volume
$67.87 $68.32 $67.66 73267
Last updated 15.59pm 29/03/2024 ?
WES (ASX) Chart
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