Careful VCSELREV - you are mixing currencies there:
ARM's revenue last year was GBP 968 million - for 2016, it is projected (consensus) to be GBP 1.133 Billion for growth of 17%: EPS is anticipated at GBP 36.58 and wuith the sahre at GBP 1,031 it is trading around 28.2 times forward earnings. With a Market Capitalisation of GBP 14.73, it is at about 13 times projected revenue.
For POET - if we expect US$500 mln revenue, valuation on the same basis comes to US$6.5B or roughly US$32 (CAD41) per share.
Not that I am going to complain when we get there...:)