Previously I asked a question on Alibaba that is listed in the USA and Alibaba (9988) that is listed in the HKex.
I was advised to look at the annual report of Alibaba in the USA to price the stock of Alibaba (9988) in the HKex).
My question is, I think I should use the PE ratio to price 9988.
However I have one doubt.
- Is the PE ratio that is used in the USA applicable to the HK market?
- From your experience, for the same type of industry, is the range of PE the same across different markets such as USA or HK?
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