PAR 1.69% 29.0¢ paradigm biopharmaceuticals limited..

My thinking is say earnings per share at $18.12 then you work...

  1. 97 Posts.
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    My thinking is say earnings per share at $18.12 then you work out a rough share price as per PE ratio.
    I know biotechs run at around 40 per PE ratio but let's take a more modest ratio of 20.
    $18.12 x 20 = $362 share price wow
    Can PAR be a 100 bagger?
    Now, this is basic maths and I'm sure there are a lot more details to be ironed out such as distribution costs, royalties, costs, wages, etc.
    If this all plays out in 5-10 years I may be able to retire early.
    DYOR
 
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