Forward P/E Ratio Math P/E = 100 is fair considering the growth rate 240% growth over 3 years = 80% growth per year. 2014 Revenue $18.8mil + $15.04mil(80% of $18.8mil) = $33.84mil(estimated 2015 Revenue) Divide $33.84mil(revs) / 1.8bil(shares) = .0188(earnings per share) .0188 x 100 = 1.88(based on fair p/e estimated value) If P/E Ratio = 100 then PPS = $1.88 (Price Per Share) p/e ratio of 1 is $0.02 pps rounding up from 0.0188 and no growth factors figured in Forward PE is just an estimate Core Internet Assets investorshub.advfn.com/uimage/uploads/2016/5/24/qggvnlogo_theme57866-1.png http://www.italkmobility.com/home investorshub.advfn.com/uimage/uploads/2016/5/24/zjihccpd-logo.png http://cpdmobile.com/t-mobile investorshub.advfn.com/uimage/uploads/2016/5/24/ehxfilogo-mobix.png http://www.mobix.com/ investorshub.advfn.com/uimage/uploads/2016/5/24/toxwbelephante-logo.png http://elephante.org/ investorshub.advfn.com/uimage/uploads/2016/5/24/vkkpulogo-ums.png http://unitedmobilesolutions.com/ www.wqn.com/application/themes/quest/images/layout/logo-wqn-small.png https://www.wqn.com/ Affiliates cdn.shopify.com/s/files/1/0767/2333/t/33/assets/ultra-logo.gif?7691723984792599645 http://ultra.me/ www.metropcs.com/content/dam/mpcs/images/homepage/MetroPCS_img.PNG https://www.metropcs.com/ www.simplemobile.com/wps/wcm/connect/de693754-41ee-461e-a626-dc99c2c2022f/IMG+logo+RWD.png?MOD=AJPERES&CACHEID=de693754-41ee-461e-a626-dc99c2c2022f https://www.simplemobile.com/ lh3.googleusercontent.com/-5oOx1cCjYlY/UbDZiFJJXAI/AAAAAAAAAC4/D8QLes5lRSM8I0zy_KOvCzAb-qC2cMKvA/w320-h180-p/BLU%2BProducts%2BLogo%2B%255BResized%255D%255B2%255D%255BCanvassed%255D.jpg http://www.bluproducts.com/ www.gosmartmobile.com/images/print-header.jpg https://www.gosmartmobile.com/ www.mvnodynamics.com/wp-content/uploads/2015/02/Univision_Mobile_Logo-2015.png http://univisionmobile.com/ atiglobal.com/wp-content/uploads/2014/10/simply-prepaid-epp-logo.jpg http://cpdmobile.com/simply-prepaid-tmobile "2015 Inc. 5000 Rank #1684 3-Year Growth 241% 2014 Revenue $18.8 M Jobs Added 33" [1] Sources: [1] http://www.inc.com/profile/united-mobile-solutions