P10 Industries Inc. (PX)

[Tim Eriksen]

A range of $1.20 to $1.38 is about 6-7 times annual cash flow. That is a bit low for a non-growing company, but seems quite low for a grower.

I agree not to value a company based on a multiple of cash. I have never seen that done. Investments should generally be valued at the present value of future cash flows using an appropriate discount rate.

Tangible book is not a reliable valuation method either. Pretty sure Amazon is worth more than $59 per share.