Replies to post #54852 on Elite Pharmaceuticals Inc (ELTP)

[tangerine]

Great Post about how undervalued Elite is

[DR Ryan]

Great post Pharma Sleuth. Long term investors have a lot to look forward to in the coming years.

[dr_lowenstein]

They have no revenue so their PE ratios are solely based on future predictions.

No actually a PE ratio is presented as Trailing and Forward. If the company has n revenues and no earnings then its' Trailing P/E would be NA or nil. The Forward P/E would be based in future projections. Remember, Revenue and earnings are different but related.

[dr_lowenstein]

"Your PE would be 10x based on current revenues." Huh? how did you determine that???????