pe ratio 10

Hi all, interesting to note that PNO Pe ratio is 10.
Probably a fair value given the position, but it could easily go multiples of that with a few uplifting announcements and increased revenue.


N/A
A company with no earnings has an undefined P–E ratio. By convention, companies with losses (negative earnings) are usually treated as having an undefined P–E ratio, even though a negative P–E ratio can be mathematically determined.

0–10
Either the stock is undervalued, or the company's earnings are thought to be in decline. Alternatively, current earnings may be substantially above historic trends or the company may have profited from selling assets.

10–17
For many companies a P–E ratio in this range may be considered fair value.

17–25
Either the stock is overvalued or the company's earnings have increased since the last earnings figure was published. The stock may also be a growth stock with earnings expected to increase substantially in the future.

25+
A company whose shares have a very high P/E may have high expected future growth in earnings, or this year's earnings may be considered exceptionally low, or the stock may be the subject of a speculative bubble.



Following this info, PNO could be upto 20 PE if and only if a deal was struck in the US which would be huge for the micro. But we wait as per usual for an outcome.