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There are many variables which drive an oilers share price not...

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Crowgold

6 Posts.

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05/06/20

12:49

Post #: 45058905
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Originally posted by dugsab: ↑

In terms of OSH value, look at P/E ratio and Market Cap

Simply put, the P/E ratiois the price an investor is paying for $1 of a company's earnings or profit. 3 In other words, if a company is reporting basic or diluted earnings per share of $2 and the stock is selling for $20 per share, the P/E ratiois 10 ($20 per share divided by $2 earnings per share = 10 P/E).

Market capitalization is equal to the share price multiplied by the number of shares outstanding.

The common variable in both above is SOI (shares on issue).

If the price of oil returns to pre-Covid 19 levels ($66 Brent), OSH earning will return to pre-Covid 19 levels. But with more SOI, the price of each share must decrease of the end result to remain the same (post-Covid 19 and Brent $66).

If you and your wife own a corner store, and invite a partner into the business. Your equity in the business and profit share accordingly decrease by 33% if profit were constant.

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There are many variables which drive an oilers share price not as simple as running the P/E’s or cutting up the profits of a corner shop or bank for that matter , with respect.

OSH Price at posting: $3.56 Sentiment: Buy Disclosure: Held
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0 Great analysis

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