THG - Time for a re-rate?2 Nov 2022 08:06
The 1 year high share price is 235p while the 1 year low share price is currently 31.54p. There are currently 1,220,932,401 shares in issue and the average daily traded volume is 12,214,764 shares. The market capitalisation of Thg Plc is £724,012,913.79.
Current price relative to earnings is x 0.33 which is insane!
At x2.4 earnings (same as Ocado) the share price would be 436p - are we ready for the re-rate?