The Jailhouse

[Tesla_se]

iTalk's new forward p/e

If all preferred stock were to be converted:

$30,000,000 earnings / O/S 14,000,000,000
=
.0021 EPS (<----Earnings per share)

p/e ratio = .81

.0017/.0021 (<----Today's price)


p/e ratio = 10

.021/.0021 (<----At 2.1 cents a share)


p/e ratio = 100

.21/.0021 (<----At 21 cents a share)


If none were converted:

Back to $1.88 per share post


IMHO