Thursday, July 22, 2021 8:25:53 AM
Their last reported earnings were $.13/share. That translates to a PE ratio of 51.5x ($6.70 / $.13). According to the Stern School of Business analysis of business statistics, the average current PE accross all business categories is 103.33x.
Applying that to OBTX, the company should be valued at roughly $13.43/share (103.33 x $.13).
If you use the average for Software (System & Application) which is 193.65x, OBTX would be priced at $25.17/share (193.65 x $.13)
Les
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