I Know what GE trades for. But remember why I posted this funny, unrealistic analysis to start with. It was to follow thru on a discussion between Paint ball and Mushroomman debating debts of the companies.
I effectively createad an 'imagined Veltex' 10,000 times smaller than GE.
I thereby effectively said (as per this morning numbers):
- the current capitalization of GE is $ 399,079,278,000
- assuming Veltex to have the same financial structure GE has but making it 1,000 smaller (assets, debts, EPS, multiplier and market cap all divided by 1,000) its market cap would be $ 399,079,278.
- taking this relative numbers and assuming 25,000,000 Veltex O/S (I know, I did not use GE's O/S divided by 1,000), PPS would be (399,079,278 / 25,000,000) $ $15.96.
This was just for fun and all I did was to play the game some do play in here (Paintball in this case) playing with unknown as if they were FACTS (generally written in capital letters).
LOL!