Q: Peter,
A follow up question on BIP.un, with regard to the PE ratio. It is a very confusing number and appears extremely high. What would you consider the normalized PE to be and I gather Cash Flow would be a better metric to analyse the business?
Thanks
A follow up question on BIP.un, with regard to the PE ratio. It is a very confusing number and appears extremely high. What would you consider the normalized PE to be and I gather Cash Flow would be a better metric to analyse the business?
Thanks