IU
2 months ago
Let's clarify the P/E ratio calculation:
Given Data:
1. Current Share Price: $0.0178
2. Market Capitalization: $6,329,629
3. Net Income: $158,034 for the first quarter of 2024
4. Shares Outstanding: 292,312,127 as of July 09, 2024
Rechecking Annualized P/E Ratio:
If we annualize the quarterly net income:
1. Annualized Net Income: Annualized Net Income=158,034×4=632,136\text{Annualized Net Income} = 158,034 \times 4 = 632,136Annualized Net Income=158,034×4=632,136
2. EPS (Annualized): Annualized EPS=632,136292,312,127˜0.00216\text{Annualized EPS} = \frac{632,136}{292,312,127} \approx 0.00216Annualized EPS=292,312,127632,136˜0.00216
3. P/E Ratio (Annualized): P/E Ratio=0.01780.00216˜8.24\text{P/E Ratio} = \frac{0.0178}{0.00216} \approx 8.24P/E Ratio=0.002160.0178˜8.24
Conclusion:
• Quarterly Basis: The P/E ratio is approximately 32.96.
• Annualized Basis: The P/E ratio is approximately 8.24.
Shares are at excellent price for Growth company
IU
2 months ago
Annualized PE ratio very Low!! (~10) Very good for high growth company
Price to Earnings (P/E) Ratio
Net Income: $158,034 for the first quarter.
Annualized Net Income: Assuming constant quarterly earnings, $158,034 * 4 = $632,136.
P/E Ratio:
Market Cap
Annualized Net Income = 6,329,629 / 632,136 ˜ 10.01
Annualized Net Income
Market Cap
? =
632,136 /
6,329,629
? ˜10.01.