Rosyoutlook
thank you for your calculations. could not have done any better myself. but for a company that is planning to grow from 350,000 cases of beer to 1.2m in april 2010, 2.2m in 2011, and 5m in 2015 ie effectively 400% in 5 years, a PE of 20 is negligible and def does not factor its growth potential. PE of 20 is for a company that should grow by 20-22%.