Forward P/E:
I am going projected earnings for the next year(s) to be $7M and with 8.4M shares, that comes to .83 per share.
With a P/E ratio of 12.1 the PPS would be $10.04
With a P/E ratio of 16.8 the PPS would be $13.94
With a P/E ratio of 21.7 the PPS would be $18.01
Other companies in PXG's sector that I use for comparison are:
Mcrae Industries, Inc. P/E ratio is 12.1
Lacrosse Footwear, Inc. P/E ratio is 16.8
Rocky Brands, Inc. P/E ratio is 21.7
In addition to the $100M contract with Altama, PXG will have more income from their other divisions: women's dress and casual footwear, belts, personal items, outdoor sportswear and travel apparel. The Company's moderate-to-premium priced brands include the Tommy Bahama Footwear®, Trotters®, SoftWalk®, Strol®, H.S. Trask® and Chambers Belts®.
Revenues will be well over $20M a year and earnings will probably be more than $7M, meaning a high PPS. Good things to come for PXG.
GLTA...Stayeven
This is a message board and everybody should already know this, however...........
Everthing I post is my opinion, unless otherwise stated.
Do your own DD before buying or selling a stock...Stayeven
