ZNO 4.17% 2.5¢ zoono group limited

Why would you use enterprise value in a PE ratio? It's share...

  1. 239 Posts.
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    Why would you use enterprise value in a PE ratio?
    It's share price divided by earnings per share.

    If the company was going to burn through the cash without adding any value by doing so, like a junior miner, it would make partial sense but not for ZNO which is going to be cash generative & grow significantly.
    By using ev all you're going to do is confuse/mislead people.
 
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