JB and ZJMY Holding Co (JBZY)

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His estimate of .24 was net profit, not pps. He stated avg p/e for tech sector was 18.7, which would take the pps to $4.48 per share (.24 x 18.7). However, he also stated for a rapidly growing company p/e could be higher, and a 30 p/e would actually be quite reasonable. At 30 p/e, the pps would be closer to $7.20 per his calculations. No matter how you slice things, everyone seems to be in agreement that the pps would be multi dollars based on what we know.