PHC Inc. is an AMEX listed security that has been trading in a range between $2.67 and $3.78 over the past year. With 20,009,180 shares outstanding, a recent price of $3.02 gives a total market capitalization of $62,028,456. While there are certainly larger companies, PHC Inc. has definitely earned its place in the pack. Last year, PHC Inc. created $0.17 in earnings for every share outstanding.
PHC Inc. is currently priced by the market at 18.20 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, PHC Inc. could be an interesting value proposition.
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