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Saturday, August 16, 2014 9:46:32 PM
Profit= 50% of 305 millions= $152.5 millions.
Earning per OS share=$152.5 millions divided by 4 billion shares = $.038 Cents.
Using PE ratio of 20, then the PPS = 20*.038= $.76 Cents.
The above analysis is based on many assumptions, and do not constitute an actual company situation but is given to explain an approach to estimate PPS.
My posts are my personal opinion only, do your own DD before investment decisions.
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