Showing posts with label AIB. Show all posts
Showing posts with label AIB. Show all posts

Wednesday, June 24, 2009

Allied Irish Banks (AIB)

AIB is about as cheap as they come with a PE of 2.23 with earnings per share at $2.31. Even if the share price moved up to $10.00, the PE would still be less than 5.0. AIB share price would have to move above $50.00 per share to have a PE equal to the industry average. Sheesh, this is a great stock buy.

Disclosure: I own this stock, as if there was any question about that.