The Jailhouse

[Tesla_se]

iTalk's new forward p/s ratio 'CORRECTED;


$30,000,000 revenue / O/S 1,875,000,000
=
.016 RPS (<----revenue per share)

.0015/.016 (share price/rev per share)

p/s ratio = .09375

what it should be:

move the decimal .015/.016 =.9375

AT LEAST NEAR 1 TIMES REVENUE IS 1 AND A HALF CENTS PRICE PER SHARE FOR TALK

http://www.investopedia.com/terms/p/price-to-salesratio.asp
DEFINITION of 'Price-To-Sales Ratio - PSR'

A valuation ratio that compares a company’s stock price to its revenues. The price-to-sales ratio is an indicator of the value placed on each dollar of a company’s sales or revenues. It can be calculated either by dividing the company’s market capitalization by its total sales over a 12-month period, or on a per-share basis by dividing the stock price by sales per share for a 12-month period. Like all ratios, the price-to-sales ratio is most relevant when used to compare companies in the same sector. A low ratio may indicate possible undervaluation, while a ratio that is significantly above the average may suggest overvaluation. Abbreviated as the P/S ratio or PSR, this ratio is also known as a “sales multiple” or “revenue multiple.”