Q: What is the average P/e over the last 10 years and what is it today?
I am trying to decide whether to take advantage of its price drop to add to its position in my Tfsa.
I am trying to decide whether to take advantage of its price drop to add to its position in my Tfsa.
5i Research Answer:
We would like to see it settle first. Average P/E over the past decade was 51X; we have excluded 2021 it was a big outlier (90X). It is 39X today.