If earnings are depressed / miniscule, PE should be very high. Not sure how PE is 0. PE being zero is possible only when price is 0 in which case there isn’t any Mich point researching this stock.
But if the earnings are depressed for some reason (possibly interest costs which you mention has been cleared recently), work out estimated earnings in stable state once the business turnaround improves. See what PE that would work out to based on today’s price. Does that sound reasonable compared to its peers?
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