The Naspers share hit a peak of R4,090 in November 2017. In June 2009, when the share was at R185.88, we said this about what has become one of SA’s best-performing companies:

Naspers’s value has increased in the past three months to a market capitalisation of R80bn. Its p:e ratio of 20.9 against the media sector’s 16.1 and the Alsi’s 10.5 makes Naspers look relatively overpriced...

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