Do you really believe that a company with $ 400 M in net profits will trade at a marketcap of $ 400M?

Now, where on earth did you pull that from? My statement concerned a belief in an EPS of not less than $1.00 for the year, NO MORE.

I was interested in seeing what p/e ratio might be realistically applied, instead of the 50 and over.

PS: Cash on hand, book value is not= marketcap!

It wouldn't have something to do with number of shares O/S multiplied by share price, would it?

Be well