4 ms·
Let's see: $300mm in earnings Average SP500 P/E ratio is 35: https://www.multpl.com/s-p-500-pe-ratio https://www.multpl.com/s-p-500-pe-ratio (People get very
by omarhaneef 5y ago
Let's see:
$300mm in earnings
Average SP500 P/E ratio is 35:
https://www.multpl.com/s-p-500-pe-ratio https://www.multpl.com/s-p-500-pe-ratio
(People get very different numbers for this, but let's go with it for now)
300 x 35 = $10.5B (assuming no debt or cash on the balance sheet, which I don't know about)
So makes sense back of the envelope assuming it is growing as fast as the "average" SP500 company.