iTalk Inc. (fka TALK)

[Tesla_se]

Forward P/E Ratio Math (corrected)

240% growth over 3 years = 80% growth per year.

2014 Revenue $18.8mil + $15.04mil(80% of $18.8mil) = $33.84mil(estimated 2015 Revenue)

Divide $33.84mil(revs) / 1.8bil(shares) = $0.0188 EPS(earnings per share)

.0188 x 100 = $1.88(PPS based on fair p/e value of 100)

P/E Ratio is PPS/EPS Example: $1.88 / $0.0188 = 100

If P/E Ratio = 100 then PPS = $1.88 (Price Per Share)

A forward looking p/e of 100 is fair considering the growth rate because in a year earnings nearly double.

"2015 Inc. 5000 Rank #1684
3-Year Growth 241%
2014 Revenue $18.8 M
Jobs Added 33" [1]


Sources:

[1] http://www.inc.com/profile/united-mobile-solutions