BioSpecifics Technologies Corp. (NASDAQ:BSTC)

CAPS Rating: 1 out of 5


Player Avatar outoffocus (23.49) Submitted: 6/11/2010 10:51:47 AM : Underperform Start Price: $21.23 BSTC Score: +9.78

Holy Crap. I haven't seen a company so overvalued in my life. How does a company with only $13 million in assets end up with a $130 million market cap? From my calculations the P/E is roughly around 300. Am I missing something here?

Report this Post 2 Replies
Member Avatar XMFCinco (30.12) Submitted: 12/21/2010 2:14:40 PM
Recs: 0

yeah price/book is over 25 I'd red thumb this one

Member Avatar joaquingrech (97.80) Submitted: 4/15/2011 5:04:27 PM
Recs: 0

growth potential. They actually managed to pull 64 cents per share a couple years ago and expected $1 eps on next year. If that's true, it might justify the valuation, otherwise it's worthless.

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