Question: Part a. The table below lists P/E Ratios for some ASX-listed retailers and the average P/E Ratio for the Consumer Discretionary Sector. From this information,
Part a. The table below lists P/E Ratios for some ASX-listed retailers and the average P/E Ratio for the Consumer Discretionary Sector. From this information, what can you say about Super Retail Group, and what does this imply? What market research would you need to do before buying Super Retail Group shares on the basis of its P/E Ratio? COMPANY P/E RATIO JB Hi-Fi (JBH) 11.8 Super Retail Group (SUL) 8.4 Harvey Norman (HVN) 13.5 Nick Scali (NCK) 15.2 Consumer Discretionary Sector Average 10.2
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
