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When close to half the companies in Australia have price-to-earnings ratios (or "P/E's") above 18x, you may consider Iluka Resources Limited (ASX:ILU) as an attractive investment with its 13.1x P/E ratio. Although, it's not wise to just take the P/E at face value as there may be an explanation why it's limited.
Recent times have been advantageous for Iluka Resources as its earnings have been rising faster than most other companies. One possibility is that the P/E is low because investors think ...
>>> Read more: Investors Aren't Buying Iluka Resources Limited's (ASX:ILU) Earnings
Recent times have been advantageous for Iluka Resources as its earnings have been rising faster than most other companies. One possibility is that the P/E is low because investors think ...
>>> Read more: Investors Aren't Buying Iluka Resources Limited's (ASX:ILU) Earnings