China MediaExpress Holdings, Inc. (fka CCME)

[RyanW439]

I don't think CTRP is actually trading at a P/E of 50. You're looking at google finance, which has EPS incorrect I believe.. EPS is more like $2.75 in USD (if my calculations are correct)..not the $.68 that is quoted on the google finance board. The google finance board often gets the EPS wrong when earnings are quoted in a foreign currency. They have EPS of 18.69 CNY, at 6.82CNY/USD, that puts EPS at $2.74 fully diluted..