With the Commonwealth Bank of Australia (ASX: CBA) currently trading around $100, let’s run through two standard share price valuation tools an analyst might use to provide his or her valuation on an ASX bank share like CBA.
As you may know, this is the standard version. Keep in mind, standard doesn’t necessarily equal ‘good’. So, at the bottom of this article, we’ll provide some further resources to complement our potential indicative valuations. Basically, it goes without saying but these valuations are not guaranteed. https://www.raskmedia.com.au/2021/05/26/asx-200-bank-shares-commonwealth-bank-of-australia-asxcba-share-price-2/
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