GREY:LGLTF - Post by User
Comment by
ROIcrusaderon May 31, 2014 1:40am
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Post# 22617644
RE:RE:Am I missing something?
RE:RE:Am I missing something?With the restate:
2.09m income (a 17.5% surprise to the upside) x 4= 8.36m/yr
8.36m / 111 share base = .075 annual earnings
So this is currently trading 43ish cents above the annual earnings. Comparing the annual earnings to the sp is best done using the PE ratio, not directly (but whatever floats your boat). Given the current share price of 49cents ish, and annual earnings of .075 cents you're looking at a PE of 6.5.
How you interpret the ratio is up to you. cheers