Monday, August 29, 2011

20110826 - PBBANK

Today I bought another 200 units of PBBANK on RM13.000. Base on last 4 quarter accumulate EPS of RM0.9528 if compare with previous 4 quarters RM0.7814 increased with 21.93%.
Base on RM13.000, it trade as PE 13.64. Why 1 of the best company in Malaysia trade as such low PE? My feel, the fair value for PBBANK should be in PE 16 with price RM15.240. Compare current price, it still have range of around 17%.