There is a
new information that Yandex is preparing an IPO. According to rumors, the company's capitalization will be about $ 3 billion. On the basis of this calculation, the price of the shares will be set at the initial public offering.
The source of the rumors, Anton Antich, believes that this is quite a realistic figure, given the financial performance of the future corporation. The sales volume in 2007 was $ 167 million, the profit (assuming a proportional growth by 2006) was about $ 70 million. Thus, with a capitalization of $ 3 billion, the P / E indicator (price per earnings, net profit price) will be 42.8. For comparison, Google’s figure is 39, while Yahoo’s is 42.