RE:RE:So Under valued Had to check!
Went back and looked again at the finnancials released yesterday.
what I wanted to check was to confirm the earnings per share. To date (9 Months) it is 15 cents
That puts us at a PE of 5.6 at todays share price.
If we earn a nickle in the last quarter then earnings are 20 cents for the year. That puts our PE to 4.2.
If we start to get noticed and get a valuation of just 10x earnings we shoot to 2 bucks!
As I stated earlier, a typical growth company trades at 15 to 20 times earnings....
The TSX as a whole has a PE of 24 times earnings
I would love to hear other opinions
Fish On!