. . . Based on the above, and on other historical information, an industry net income margin averages around 2.5% of revenues. The company in its January 27, 2015 announcement stated it expects revenues of $669 to $674 million in 2014. Total backlog of $764 million at December 31, 2014, was up from $687 million at 2013 year-end. Based on the backlog and 2014 preliminary numbers, a current run rate for revenues is about $700 million. At 2.5%, an industry average profit would be $17.5 million. There are 18.8 million shares outstanding indicating a profit of $0.93 EPS with industry average margins. It should be noted that in 2010 the company's net profit margin was 4.1% and in 2009, it was 6.1%, so a higher profit is definitely possible. At a P/E ratio of 15, the stock price would be $13.96. That is 467% higher than the $2.99 the stock closed at on February 13, 2015. The stock price is currently 72% of tangible book value (after the expected fourth quarter loss). The stock price is currently only 0.08 times sales, a very low level.