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Commonwealth Bank $CommBank (CBA.AU)$ shares have been unsto...

Commonwealth Bank $CommBank (CBA.AU)$ shares have been unstoppable, up 10% year-to-date and 30% in the past twelve months to record levels.
But at a price to earnings of 22 – you almost never see the bank trade at such an expensive valuation.
Would it be wise to buy Commonwealth Bank at an all-time high and hefty price tag?
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