Tofutti Brands Inc. is an AMEX listed security that has been trading in a range between $2.70 and $3.45 over the past year. With 5,653,470 shares outstanding, a recent price of $3.04 gives a total market capitalization of $17,186,549. While there are certainly larger companies, Tofutti Brands Inc. has definitely earned its place in the pack. Last year, Tofutti Brands Inc. created $0.11 in earnings for every share outstanding.
Tofutti Brands Inc. is currently priced by the market at 26.90 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, Tofutti Brands Inc. could be an interesting value proposition.
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