RE:RE:Q1 Results Annualized Imply EPS $0.14 and P/E 41.7maypeters, yes P/E is not a great measure of value since eanrings includes dedcutions for depreciation and depeltion, which is a substantial non-cash item for these companies that is easily manipulated,. As a relative measure, however, it is useful to compare all metrics with the others like Silver Wheaton, etc, to see how we are stacking up. Free Cash Flow to Equity is a better measure of value no doubt.