Calm down Disco. If you read carefully what xFireStorMx is saying you might learn something...
You're quoting last year's earning numbers. At the very least use the FY12 analyst consensus EPS of 4.9c (P/E 7.14).
Personally I'd normalise the profit as well, after all RQL is not a charity and will be paying 30% tax rate sooner or later. FY12 EPS of 4.53c (P/E 7.72).