Breeze-Eastern Corporation is an AMEX listed security that has been trading in a range between $9.51 and $15.76 over the past year. With 9,290,420 shares outstanding, a recent price of $13.36 gives a total market capitalization of $134,711,090. While there are certainly larger companies, Breeze-Eastern Corporation has definitely earned its place in the pack. Last year, Breeze-Eastern Corporation created $0.42 in earnings for every share outstanding.
Breeze-Eastern Corporation is currently priced by the market at 34.30 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 below $1 a share, Breeze-Eastern Corporation could be an interesting value proposition.
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