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| Re: | Rhodesian Ridgeback Adult Dog Wanted | | Ad: | Can you put it on the scales, please? http://www.dropchicago.com/index.php/contact-us Purchase Salmeterol Online Belgian operator bpost made €404m (£342m) in earnings before interest and tax (EBIT), in the year ended December 2012. A common way of valuing shares in a company is to use a multiple of its earnings, or EBIT. Bpost is valued by the stock market at €2.9bn, or 7.2 times the EBIT. Royal Mail made £376m of EBIT, in the year ended March 2013, using the same earnings multiple as bpost you would reach a value for Royal Mail at £2.7bn. Even on forecast 2014 earnings Royal Mail is worth £3bn, or 300p per share, and on 2015 forecasts £3.4bn, or 340p per share. On this basis the UK postal group is selling at a premium.
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