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Yeah, btw I think I cited quarterly. Still I think the multiple is too high. I understand 15x for a private company and 10x for a public. But in an inflated
by cjhanks 8y ago
Yeah, btw I think I cited quarterly. Still I think the multiple is too high. I understand 15x for a private company and 10x for a public. But in an inflated market, higher than that? If I had internet other than my phone I would look it up.
- ksec 8y agoSo $100M Profit per year? $2B is only 20PE, sounds fair to me, in todays stock market where many are trading at 30 - 40+.