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  5. LMN: Recent answer to question from Rajeev regarding Lumine lagging Topicus. [Lumine Group Inc.]

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Q: Recent answer to question from Rajeev regarding Lumine lagging Topicus... part of your response... "LMN is now currently cheaper on valuation. We think $130 makes sense for TOI and $33 for LMN. "

What valuation are you using here for LMN being cheaper?
Asked by Michael on September 24, 2024
5i Research Answer:
We were referring to forward price-to-earnings ratio in the prior response. LMN trades at 39.4x...
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