Is Now the Time to Buy BHP Billiton?http://www.fool.com/investing/international/2012/11/27/is-now-the-time-to-buy-bhp-billiton.aspx Rupert Hargreaves
November 27, 2012
LONDON -- I'm always searching for shares that can help ordinary investors like you make money from the stock market.
So right now I am trawling through the FTSE 100 (UKX) and giving my verdict on every member of the blue-chip index. Simply put, I'm hoping to pinpoint the very best buying opportunities in today's uncertain market.
I am assessing each company on several ratios:
So let's look at the numbers:
The consensus analyst estimate for next year's earnings per share is $2.69 (20 % fall) and dividend per share is $1.23 (3% growth).
Trading on a projected P/E of 11.5, BHP appears to be more expensive than its peers in the mining sector, who are currently trading on an average P/E