LSB Industries Inc. is an AMEX listed security that has been trading in a range between $8.26 and $23.70 over the past year. With 19,662,780 shares outstanding, a recent price of $22.18 gives a total market capitalization of $439,463,141. While there are certainly larger companies, LSB Industries Inc. has definitely earned its place in the pack. Last year, LSB Industries Inc. created $0.73 in earnings for every share outstanding.
LSB Industries Inc. is currently priced by the market at 30.30 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, LSB Industries Inc. could be an interesting value proposition.
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