I haven't really looked at it since mid July, Geronimo but on Ameritrade stats for FB the EPS is not .29 per share but .12 The PE Multiple is listed at 122.37 This should equate to a stock price of 14.64 If it's higher than that, which it is, it means the market is overpaying still. ??? Being an engineer stock math is so fuzzy to me.
This from Ameritrade:
When FB reported 2nd quarter 2012 earnings of $0.12 per share, it met the consensus estimate of the 31 analysts covering the company.
The analyst's estimates ranged from a high of $0.29 to a low of $0.09, with a median estimate of $0.11.
FB is expected to announce 3rd quarter earnings the week of October 25, 2012.
I see where you got the .29 from.