InvestorsHub Logo
Followers 37
Posts 4358
Boards Moderated 0
Alias Born 12/18/2007

Re: Deano361 post# 454

Tuesday, 02/09/2010 3:23:20 PM

Tuesday, February 09, 2010 3:23:20 PM

Post# of 9445
Believe it is extremely undervalued here.

P/E's, (Profits to Earnings Ratio/Indicator), are subjective to a corporations' ability to manage all aspects of industry and economic variables, etc., properly, as well as, front door to back door operations, so to speak.

"Industry" P/E's are presently assumed in a fairly large range with profitable Gold stocks. Have seen them from a high of the low 200's to as low as the 50-60 range, a fair average could, would probably be in the 80-120 range with the current world economy beginning to make some strong head way, etc.

Not going to assume a future, forward looking PPS prediction here. But am comfortable assuming a very conservation 20-40 p/e range for calculations if that is what you're asking?