Birks and Mayors Inc. is an AMEX listed security that has been trading in a range between $6.05 and $9.60 over the past year. With 11,233,970 shares outstanding, a recent price of $7.08 gives a total market capitalization of $79,200,610. While there are certainly larger companies, Birks and Mayors Inc. has definitely earned its place in the pack. Last year, Birks and Mayors Inc. created $1.10 in earnings for every share outstanding.
Birks and Mayors Inc. is currently priced by the market at 6.80 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.
With a share price under $50 a share and earnings per share in excess of $1 a share, Birks and Mayors Inc. is unlikely to be an interesting value proposition.
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