posted
Balder, I think you're pretty close. I look for a company's filed SEC Income statements. I will use EPS (Net Income / # O/S shares) and then multiply this * Ind. Muliplier. This works for me. I look for stocks that are extremely undervalued based on earnings (net income) and future potential. I've found that the PPS will eventually catch up to the above formula. Sometimes it takes a year, but it always catches up. Good luck and good hunting.
-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford Posts: 798 | Registered: Jun 2004
| IP: Logged |