Posted On: 10/05/2015 8:32:19 PM
Post# of 96892
Someone correct me please:
Netflix closed 10/5 at $111.25 per share that's a P/E ratio of 408.12!
NTEK closed 6/30 at $ 0.0095 per share divided by .0017 is 5.58?
Price Earnings Ratio: price per share divided by earnings per share.
If Ntek had a 408.25 P/E ratio the PPS would be $3.88.
I wonder what the industry avg is ? 10, 20, 50, 100 times earnings.
Seems to me NTEK is way under valued for estimated earnings going forward.
Netflix closed 10/5 at $111.25 per share that's a P/E ratio of 408.12!
NTEK closed 6/30 at $ 0.0095 per share divided by .0017 is 5.58?
Price Earnings Ratio: price per share divided by earnings per share.
If Ntek had a 408.25 P/E ratio the PPS would be $3.88.
I wonder what the industry avg is ? 10, 20, 50, 100 times earnings.
Seems to me NTEK is way under valued for estimated earnings going forward.
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