You are too funny trying to put a P/E on a start-up company (they just IPO'd nimrod). If you want to talk and invest in a company with a decent P/E, go buy an established Dow Jones stock. You're on the wrong board.
A tiny 800MM company in a massive market? Count me in I initiated a buy yesterday at 10.40 my first round of shares for this company. If it drifts lower I'll add if it goes higher too quick I'll sell some calls against it.
DAngs estimated PE is 140 for this year (that is based on expected earnings for 2011). On next year projected earnings DANG's PE would be 30. THis is a high growth business and you will not be looking at current PE. Look at Revenue growth and earnings growth. They are spectacular for the company. Piper Jeffrey maintains 12 mon price target at $29 for DANG as they know shorts will drown in blood when earnings is posted ... DANG is a company you want to be in not out. STAY FOR LT and dont look at PE is my advise.