Green Plains Renewable Energy Inc. is an AMEX listed security that has been trading in a range between $16.50 and $35.10 over the past year. With 6,002,810 shares outstanding, a recent price of $17.25 gives a total market capitalization of $102,047,770. While there are certainly larger companies, Green Plains Renewable Energy Inc. has definitely earned its place in the pack. Last year, Green Plains Renewable Energy Inc. created $0.28 in earnings for every share outstanding.
Green Plains Renewable Energy Inc. is currently priced by the market at 60.40 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, Green Plains Renewable Energy Inc. could be an interesting value proposition.
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