I worked this way60M profit, shares issued are about 1.1b (new...

I worked this way
60M profit, shares issued are about 1.1b (new shares inclusive) so the earings per share is about 0.055.
And currently the share price is 1.1, so the PE is about 20 (1.1/0.055) which is same as AFR article.
The average nasdaq pe ratio is about 35 so the SP of AB can be 1.93. If we use the tech software/programming PE 52, the AB can be 2.86.
The max PE of nasdaq was about 110, which gives AB 6.05.
Anyway 1.1 with PE 20 is very conservative.