CE FRANKLIN LTD is an AMEX listed security that has been trading in a range between $8.09 and $15.50 over the past year. With 18,280,600 shares outstanding, a recent price of $12.35 gives a total market capitalization of $225,216,986. While there are certainly larger companies, CE FRANKLIN LTD has definitely earned its place in the pack. Last year, CE FRANKLIN LTD created $1.05 in earnings for every share outstanding.
CE FRANKLIN LTD is currently priced by the market at 11.80 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, CE FRANKLIN LTD could be an interesting value proposition.
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