RE:It’s Hard to Curb My Enthusiasm!!I'd really like to stress that this is an investment company. Rather than having regular sales to customers, its net income (or losses) are mainly due to fluctuations in the share price of its investments (and it has some relatively small interest/dividend revenue and also its own operating/administrative expenses).
I would never pick a short term of FIH's net income and extrapolating it. An analogy would be is if the S&P 500 rose 5% in January, and then extrapolating it out giving the impression that anyone can invest in the S&P and you'll earn 60% annually indefinately. Of course this doesn't happen as market values of investments can increase/decrease frequently and by significant percentages.
For this reason, it is likely better to look at book value more than P/E (since the company just holds shares of other companies, many of which are public and can be sold rather easily).