so many people invest in firms whose shares are worthless. is this positive

The FLUID CORP. for the year 2018

Earnings before interest and taxes$35 million

Interest expense$5 million

Preferred stock dividends$4 million

Common stock dividend payoutratio30%

Common shares outstanding$2 million

Effective corporate income tax rate40%

The expected common stock dividend per share

Fluid Inc common stock will trade at the price/earnings ratio of 8, the market price per share.