In all fairness, PEs for different industries is easily explained. Mining (active) companies usually have a low PE. Their asset and mining equipment will reduce to zero value eventually. On the other hand companies that can scale (increase revenue with minimal increase in costs) such as IT and technology will always have very high PEs because it is expected that in time they will be more profitable. Mining companies would tend to use NPV of an asset to project if its a good investment, IT companies talk growth.
For SMN to use a PE of 30 is fine if it's a growth stock where it can be demonstrated that there will be an ever increasing need for this technology. My enthusiasm has cooled over the last few years on the potential.
SMN Price at posting:
50.0¢ Sentiment: Hold Disclosure: Held
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