Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Magnet Forensics Inc. MAGTF

Magnet Forensics Inc is a developer of digital investigation software. It acquires, analyzes, reports on, and manages evidence from digital sources, including computers, mobile devices, IoT devices and cloud services.


OTCPK:MAGTF - Post by User

Post by SepiJMon Aug 16, 2022 11:44am
210 Views
Post# 34899525

TTM P/E = 203.67 @ $24.44/share (Yahoo)

TTM P/E = 203.67 @ $24.44/share (Yahoo)Hello, all.

I've been diving into comaparing P/E ratios but my calcs seem to always be different than RBC's or Yahoo's. I'm hoping someone here can show me why the numbers in the heading hold true.

Based on my calcs:

If shares are trading at 203.67 times at $24.44 per share, then (24.44 / 203.67 = 0.119998036)
This tells us that "earnings per share" is equal to $0.12
Multiply that by the number of outstanding shares (0.12 x 11,969,000 = 1,436,280)

By these calcs (if I am correct) their TTM total earnings is roughly $1.4 million. However, I can't find $1.4mil anywhere in their finacial statemnets.

I'm new to investing and am looking for all the help anyone is willing to offer. Thank you in advance.
<< Previous
Bullboard Posts
Next >>