Man Sang Holdings Inc. is an AMEX listed security that has been trading in a range between $3.52 and $10.00 over the past year. With 6,382,580 shares outstanding, a recent price of $9.35 gives a total market capitalization of $59,868,601. While there are certainly larger companies, Man Sang Holdings Inc. has definitely earned its place in the pack. Last year, Man Sang Holdings Inc. created $0.40 in earnings for every share outstanding.
Man Sang Holdings Inc. is currently priced by the market at 23.50 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, Man Sang Holdings Inc. could be an interesting value proposition.
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