Patriot Scientific

Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.

over 13 years ago

in response to paylslyone's message

Some add your companies assets after liablities...

No, that is called price to book or P/B. And when doing price/book, book is book, it's not extrapolated out over 4 quarters.

You can't just make up P/E calculation methods. P/E is price/earnings. Yes you can use different sources for earnings (TTM, MRQ, forward estimates, etc) but it is always price/earnings. If you are going to do fundamental price analysis you have to use the proper terms and the proper calculations. If you don't it is wrong at best, deceitful at worst.