If we assume RMS willhave $11 million after tax profit this year, a pe ratio of 12 would give rms a share price of 33 cents.
RMS share price fell 4.3% last night in world markets
I would expect an opening price today of around 73 cents.
The share price could fall to 60 to 65 cents. I find that quite amazing considering they were $1.65 8 months ago.
rms valuation
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 (20min delay)
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Last
$2.16 |
Change
0.040(1.89%) |
Mkt cap ! $2.494B | |||
| Open | High | Low | Value | Volume |
| $2.19 | $2.20 | $2.14 | $6.902M | 3.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 36399 | 6 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |