RE:RE:RE:RE:RE:earnings multipleDonald Trump, of course it is trading at 4 times earnings.
They will do $6.50US this year and the stock is 24.50 NOW!!.
24.5/6.50= 3.77 times earnings.
Get a calculator and then win the presidency.
d_trump wrote: My point is that CXR is not trading at 3 or 4 times earnings. Closer to 8. A strategic buyer might pay 13-14 times but its doubtful that Private Equity would pay that much expecially since the balance sheet is already levered.