value, page-2

Ratman- how do you even know what NMS' eps is to be able to calculate its P/E ratio?

On my calculation, based on the number of shares that were issued in the capital raising and the fact earnings for the half year are below that of the prior half year, eps could be below 5 cents, which would value NMS on a p/e of 13 times.

I think TOX is a p/e of 17 or 18x, but has the earnings momentum to back this up. It is trading like a true growth stock.

Still- a p/e of 13 may be good value for NMS if the economy is truly recovering.