I think that while the PE’s are quite low – they’re still at least 5x annual profits. Don’t get me wrong that’s cheap as far as shares go but I’d rather sell my business at 5x annual profits than buy one (or a share of it) for that price.
If an affiliate had a bit of money they wanted to invest in the same industry they would probably be better off buying out a smaller affiliate’s account & sites.
if someone wants to offer me 5x annual profits for my affiliate accounts & sites just let me know.