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Re: jbarr9134 post# 19567

Sunday, 01/10/2010 6:35:52 AM

Sunday, January 10, 2010 6:35:52 AM

Post# of 72328
Jbarr your calculation is based on a PE of 1- this is not going to be correct will be at least 5 I'd imagine based on all companies in the same industry these range from 12 up to 30. So we would be at a conservative estimate 5. from your figure we could have 14c minimum up to 84cents(PE of 30) I know it wouldnt be that but 12 is possible and this is where Stlpenny is getting his 35c value from).. Link to those PE ratios

http://ycharts.com/calculations/rankings/industries/Home%20Furnishing%20Stores/pe_ratio?s=symbol&d=asc