O2Diesel Corporation

O2Diesel Corporation is an AMEX listed security that has been trading in a range between $0.36 and $1.24 over the past year. With 76,431,000 shares outstanding, a recent price of $0.38 gives a total market capitalization of $28,302,399. While there are certainly larger companies, O2Diesel Corporation has definitely earned its place in the pack. Last year, O2Diesel Corporation created $-0.15 in earnings for every share outstanding.

O2Diesel Corporation is currently priced by the market at 0.00 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, O2Diesel Corporation is unlikely to be an interesting value proposition.