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Gold/Mining/Energy : CGI Group (GIB.A) - -- Ignore unavailable to you. Want to Upgrade?


To: Sal Pugliese who wrote (743)9/22/1998 9:15:00 PM
From: BM  Read Replies (3) | Respond to of 1673
 
Taking the consensus estimates of analysts at .28 for this year and .61 for next year, based on today's price of $23 the current P/E would be 82 and the 1999 P/E would be 38.

As Peter Lynch states, if a company's P/E exceeds the growth rate of its earnings, it's a candidate for sale. If the past is any indication of the future, I'm of the opinion that CGI should grow its earnings by at least 38% over the next 12 months.