
Mailbag: incl. Regrets, we've had a few! January 29, 2023
Motley Fool Money
00:00
Is Growth Going to Be Hard to Come By?
When you look at the current earnings multiple of Metcash, I see it on my screen at least a moment at about 13. They're not these lofty earnings multiples, but it's still at the upper end for a post growth business,. If this got to a single digit PE, I think that's when things get a lot more interesting because again, you're just not reliant on all of that growth. So, it feels cheap when you look at averages... It's probably not that, not saying it's hyper expensive, but it's certainly not as cheap as it may otherwise appear. And I just don't think it's cheap, even though it does look so at
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