Greenshift Corporation (GERS)

[Investaholic33]

The P/E is based on past performance.

So as this stock continues to trade low, that P/E will continue to drop.

Not going to get into how ever many number of reasons that is keeping the share price down, but as the share price goes back up, so will the P/E.

So based on past performance and continued low stock price, there's nothing wrong with that picture.. as it's not forward-looking. Even though it's not the picture we would like to see.

Possibly using a projected p/e instead of trailing would show a better picture, but I personally don't find either to be much help.