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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (7285)6/25/1999 12:43:00 PM
From: InOverMyHead  Read Replies (2) | Respond to of 8189
 
$Mogul,

My calculations are as such:

$194,299 earnings / 10,000,000 shares outstanding = $0.0194 per share

$0.0194 x 4 quarters = $0.0776 annualized earnings per share.

Current share price of $2.31 / $0.0776 annualized earnings = 29.768

The share price is approximately 30 times earnings.

IOMH