Sunday, November 01, 2020 7:25:35 PM
Depends on how you are calculating the P/E.
Using the TTM we are right there with respect to the current price. Obviously with forward looking we aren't.
Edit: I hadn't seen your longer post where you laid out how/why you think the EPS should be X. I think there is merit to your calculations and I think they are realistic. Unfortunately we don't have any revenue forecasts from the company that could guide forward looking P/E calculations.
We also can't factor in how the market at large will decide to calculate the P/E.
The reality is probably somewhere in them middle of our two positions when you account for the selling pressure.
Using the TTM we are right there with respect to the current price. Obviously with forward looking we aren't.
Edit: I hadn't seen your longer post where you laid out how/why you think the EPS should be X. I think there is merit to your calculations and I think they are realistic. Unfortunately we don't have any revenue forecasts from the company that could guide forward looking P/E calculations.
We also can't factor in how the market at large will decide to calculate the P/E.
The reality is probably somewhere in them middle of our two positions when you account for the selling pressure.
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