Post by
fishcarrier on Sep 16, 2021 9:01am
Fun with figures
My computer this morning says that STLC trades at 46.62, which is 11.92 x its earnings of 3.91. I am not sure where the 3.91 comes from. 2020?
Q3, 2020 loss was .91 says my machine; Q 4 was .51, Q1 2021 was 1.75, Q2 was 4.28 for a total of 5.62. $46.62/ 5.62 would be 8.28 times earnings of last 4 quarters.
Assuming earnings of $7 this quarter, the 4 figures would be .51, 1.75, 4.28 and 7 for a total of 13.54. Assuming a p/e ratio of 5, then 5 x 13.54 would be $67.70/sh.
Assuming earnings of $6 for Q4, that would be a total of $19.03 for the year. Assuming a p/e of 5, we get 5 x 19.03 = $95.15 per share.
If they want to use future earnings, then my computer says ~ 9.50 for 2022. Then 5 x 9.50 = $47.50. If they still use ~11 x, then 11 x 9.50 = 104.50.
Note: a p/e of 5, isn't even half of what it is now.