China Growth Stocks

[derek2000]

Traderfan: About SBAY PE ratio

Somehow I read the 10K, I got the conclusion that SBAY's PE ratio for 2009 is about 2.3.

Current PPS = $12.05, EPS = 5.33, so the PE ~ 2.3.

I then started checking the total outstanding shares, the story is very funny here:
The 10K says 1.8m, Schwab quotes as 1.8m, Quotemedia.com displays as 2.3m, google 2.48M, MSN 2.48 Mil,
and AOL 179.86 M

So the average is ...

--- from 10K----
Inside the 10K from SBAY, it has the following table:
2009 2008 Increase/(Decrease)

Revenues $ 47,987 $ 29,172 $ 18,815
Cost of Sales 24,642 20,220 4,422
Gross Profit 23,345 8,952 14,393
Operating Expenses 10,525 3,972 6,553
Income From Operations 12,820 4,980 7,840

....


Earnings per Common Share
- Basic $ 5.33 $ 2.47
- Fully Diluted $ 5.32 $ 2.47

Weighted Average Common Share Outstanding
- Basic 1,836,217 1,532,405
- Fully Diluted 1,839,230 1,532,405