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To me with potential growth under reindustralised trend, not unreasonable to look at PB1.2 to 1.5 in few more months. I might be wrong, let’s market define.
Except for 1 year that involves loss, PE for past 5 years are in the range of 4.26-10.32. Take note that interest environment pre-covid is similar to now and PE for 2019 is 6.42. Now is the right time for market re-define its value.
