The respectable posters at I-Hub (some of them are here at yahoo, like Drexion / Fernando) have done the d.d. and figured out that likely 2010 EPS is around 1.90 based on CEO's CONSERVATIVE projected net income for 2010 of $71-75M.
The CEO said "These projections EXCLUDE the impact of any possible acquisitions, additional [sic] of new buses and new investments in other media projects in 2010."
--So CCME could have 2010 net income of $80M - $$90M or more, i.e., an EPS of 2.02 to 2.27, giving a pps of $24 - $34 with a P/E of 12-15.
"Based on the current customer base, geographic coverage, network of express buses and existing revenue streams, CME’s management projects that its 2010 net income (non-GAAP which is before share based compensation or fair value adjustments for the Company’s financial instruments), will be in the range of $71 million to $75 million. These projections exclude the impact of any possible acquisitions, additional of new buses and new investments in other media projects in 2010"