Koil Energy Solutions Inc. (KLNG)

[RichieRich49]

locust, the P/E is not assigned to a company based on what they deserve, it is based on the perception of investor's as to what they think that a company is worth. If you look at the trailing twelve months (TTM) then you will get a P/E of 100, but since the 2008 earnings are projected at .07 the P/E shrinks to around 15 which is about right for Exxon but not Deep Down's fast growth. I would say multiply that by 3 or 4 to get what I think our value will be at the end of the year. What that means is that we are undervalued by a factor of 3 or 4 times which is why the share price is rising every day.