Since they made profit this Q we could P/E for just this Q or forcast..
P/E Ratio = Market Value per Share/Earnings per Share (EPS)
Most of the time, the P/E is calculated using EPS from the last four quarters. This is also known as the trailing P/E. However, occasionally the EPS figure comes from estimated earnings expected over the next four quarters. This is known as the leading or projected P/E. A third variation that is also sometimes seen uses the EPS of the past two quarters and estimates of the next two quarters.
So for GNPT lets see.. Earings per share approximate ( not sure how many out standing, assume 200 mil and 250K earning) = .00125 EPS So PE as of today.. .0022/.00125 = 1.76
Historically, the average P/E ratio in the market has been around 15-25. This fluctuates significantly depending on economic conditions. The P/E can also vary widely between different companies and industries.
SO lets see if we had a P/E of 15?? we should be at 0.01875 if 25 .0315
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