What is the fair price using this forecast and does GBG justify a buy hold or sel
Mary owns $5,000 dollars worth of GBG shares. Gindalbie has reported an NPAT figure of 1.294 billion. It has 1.207 billion shares on issue. Its current market price is $26.50. A forecast for GBG's EPS for the coming financial year is $1.485 per share. The current industry average P/E ratio is 14.05. What is the fair price using this forecast and does GBG justify a buy hold or sell?
