P.E. ratio has fallen to 6.95 according to TD Webbroker.
If the whole TSE index had same ratio it would fall about 70% or from 15 thousand - to 4 or 5 thousand.
Yes I would say were way undervalued
If we equalled P.E. of TSX index, our share price would be well over $2.00
Most investors won't wait past next weekend for news,they like instant gratification on an ongoing basis.
I do to but drink whisky instead (ha)