Two consecutive acquisitions accretive to earnings bringing next year's p/e ratio to about 13.25.
Valeant paid $8.7 billion in cash for Bausch & Lomb, the eye care and scientific instrument company Fischer Scientific.
VRX market cap is now $9.21 billion.
Almost there if you consider the pharmaceuticals business worthless.
Unfortunately it may be true.
Cal-Maine Foods, Inc. (CALM) -Nasdaq 46.85 Up 0.34(0.73%) 12:20PM EST
CALM is a 2.27B egg company with $397,720,000 cash with a 3500%, 19 year growth rate history not including their nice dividend.
CALM produces those cage free eggs.
PEG Ratio (avg. for comparison categories) 0.57 meaning the stock should indeed be over $10.