Valpey-Fisher Corporation is an AMEX listed security that has been trading in a range between $3.21 and $7.51 over the past year. With 4,268,500 shares outstanding, a recent price of $5.20 gives a total market capitalization of $22,234,617. While there are certainly larger companies, Valpey-Fisher Corporation has definitely earned its place in the pack. Last year, Valpey-Fisher Corporation created $0.21 in earnings for every share outstanding.
Valpey-Fisher Corporation is currently priced by the market at 20.30 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, Valpey-Fisher Corporation could be an interesting value proposition.
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