SmartPros Ltd.

SmartPros Ltd. is an AMEX listed security that has been trading in a range between $2.47 and $8.45 over the past year. With 4,875,770 shares outstanding, a recent price of $7.99 gives a total market capitalization of $40,468,892. While there are certainly larger companies, SmartPros Ltd. has definitely earned its place in the pack. Last year, SmartPros Ltd. created $0.40 in earnings for every share outstanding.

SmartPros Ltd. is currently priced by the market at 21.00 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, SmartPros Ltd. could be an interesting value proposition.