InvestorsHub Logo

longnsteady

08/18/11 4:04 PM

#29056 RE: igotthemojo #29048

"...ill add that analysts also give their estimates as well based on their study of the stock and the numbers...the pps can be given multiples of 7, 15 or whatever..."

So the stock can be "given" multiples of 7, 15 or whatever.....really???? This is the best you can do????? Lol!!!! You know very well that the p/e ratio is calculated from current earnings and the current pps. The ratio is not "given" by anyone, it is determined by what the free market is willing to pay for the stock.