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Re: pleeb01 post# 4920

Monday, 09/27/2010 10:46:41 PM

Monday, September 27, 2010 10:46:41 PM

Post# of 79317
Your math is a bit off as the O/S is 155M, the float 35M. Normal P/E calcuations are with O/S figures.

P/E and $1 pps IFXY example:

Some food for thought going into the 10-K. Technology sector P/E average: 17.38, industry P/E average: 30.4 (per yahoo finance).

IFXY:

7,000,000 (est.) earnings
155,000,000 O/S
= .045 pps (7m/155m)

.045 x 17.38 = $0.78 pps
.045 x 30.4 = $1.36 pps

split the difference and you get $1.07 pps. The key here is that we have real revenue unlike most pink sheets who often trade at ridiculous levels and dilute like crazy.