Trucept, Inc. (TREP)

[dude iligence]

Todays .0707 close = 6.43 PE ratio before the yr end report based on earnings of .011 per share in 2017. $602k/52mil shares=.011 per share

https://www.marketwatch.com/investing/stock/trep

The current report $2.5 mil/52.762 mil shares=.047 earning per share will reduce the current PE ratio .0707.047=1.50 PE

Marketwatch will update when the filings are put out.

Its unheard of to have a profitable company with a PE of 1.5
A PE of 25-30 is the industry average for profitable PEOs trading on the NYSE or Nasdaq. This it the OTC where stocks are not profitable and valuations are based on price to sales for the better companies most are based on fluff. Applying Big board stock valuations to TREP is more stringent but TREP is profitable like Nasdaq/NYSE counterparts.

A PE of 25 applied to TREP would result in the price per share of $1.17
A PE of 30 applied to TREP would result in the price per share of $1.41

The pre announcement PE of 6.43 applied to TREP results in the price per share of .30. Big board stocks gap up to accommodate earnings surprises like the one TREP announced today. A 410 PERCENT INCREASE IN NET INCOME YOY

TREP is extremely undervalued by any measure and these are very conservative valuations.