Are high expectations the reason for sharp post-results sell-offs?

Commonwealth Bank shares fell 6.6pc yesterday. For a long time analysts have said CBA is very expensive - so was a sell-off inevitable?

Sean Aylmer talks to Michael Thompson about price to earnings ratios, and why Commonwealth Bank is so much more expensive than other banks.

This is general information only. Seek professional advice before making investment decisions.

EXCLUSIVE NordVPN Deal ➼ https://nordvpn.com/fearandgreed.  Try it risk-free now with a 30-day money-back guarantee 🌍

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.