projected earnings, pe and sp, page-2

unfortunately your calculations are wrong the following may help

company x is trading at 15.00 and pays dividend of 15cents---- that company has a p/e of 15
p/e of 15 are the normal

what needs to be looked at if ??? gbg do earn 1billion
how much will be payed as a dividend and how much retained for expansion
imo opinion a dividend from gbg will be not until 2012
share price could be 5 dollars and a 70cent dividend would be a good result .
please do your own research im not an adviser .