Capitalization of Yandex at the placement of shares will be $ 3 billion

    There is new information that Yandex is preparing an IPO. According to rumors, the company's capitalization will be about $ 3 billion. Based on this calculation, the price of shares will be set at the initial public offering.

    The source of rumors Anton Antich believes that this is a very realistic figure, given the financial performance of the future corporation. The sales volume in 2007 was $ 167 million, the profit (assuming proportional growth by 2006) was about $ 70 million. Thus, with a capitalization of $ 3 billion, the P / E (price per earnings, net profit price) ratio will be 42.8. For comparison, at Google this indicator is 39, and at Yahoo - 42.

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