RE:RE:RE:Gravestone
"estimate revenue for this year between $15 to $18 mil. and profit between $300K and $1 mil. which should give us an SP between 10 and 30 cents at 10 P/E - how about that "
If a company has 345.5 million shares outstanding and made $300,000 to $1,000,000 in profit and also was given a P/E of 10 then that would equate to a rounded share price between 1 to 3 cents. ( 0.87 - 2.89) cents)
Anual profit / shares outstanding = EPS (Earnings Per Share)
$1,000,000 / 345,500,000 = $0.00289
EPS * P/E (Price Earnings ratio) = PPS (Price Per Share)
$0.002898 * 10 = $0.0289 or 2.89 cents