Starting fresh. If ISX Financial can generate €50m profit next year the valuation could look like this. And this is where or is useful.
€50m / 110,000 shares = EPS of 45 cents Euro per share.
P/E Ratio is based on X x 45c
if it’s 50 it’s 50 x 45c = €22.50 per share
if it’s closer to peer valuation it’s 94 x 45c = €42.43 per share
