Using the TTM we are right there with respect to the current price. Obviously with forward looking we aren't.
Edit: I hadn't seen your longer post where you laid out how/why you think the EPS should be X. I think there is merit to your calculations and I think they are realistic. Unfortunately we don't have any revenue forecasts from the company that could guide forward looking P/E calculations.
We also can't factor in how the market at large will decide to calculate the P/E.
The reality is probably somewhere in them middle of our two positions when you account for the selling pressure.