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?
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