Elite Pharmaceuticals Inc (ELTP)

[Skah373]

Reposting, edited to ensure compliance with tos.
Share price, market cap, value. With current earnings supporting EPS of $0.04 fully diluted, the p /e ratio is only 5.7. Typically the p/e ratio is 15x or greater. That means right now, with fully diluted shares of 995m, the sp should be around $0.50 to $0.65. And that's w/o any revenues from eli200. Add a zero to the annual revenue (est. @ $70 m total), what does that do to sp? 995/70=$0.14. Multiply that by 15x, the sp should be $2.10. Coincidentally that's the median price of mystery valuation.