Sunday, November 29, 2020 11:52:39 PM
12 month earning projection - .0025 per share.
OTC PE Ratio averages over the last 5 years:
Min - 16.53 x .0025 = .0413 pps value
Avg - 23.52 x .0025 = .0588 pps value
Max -31.75 x .0025 = .0793 pps value
Conclusion: With 4th and 1st quarter revenues projected to be even higher then current quarterly results, thereby generating additional earning per share, the pps could easily be valued more than .10 per share using the above listed maximum PE Ratio. An even higher PE Ratio on the OTC is not unheard of for companies with rapid growth which CAVR appears to be in that category. Therfore, it's very possible we may see .20 if not more! Just my opinion but confident of such.
Snoof77
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