Aurinia Pharmaceuticals Inc (AUPH)

[ramsestg]

YW Glad to be of help. It was discovering these numbers while doing DD that precisely led me to invest. With their own est. of annual sales in excess of 1.38B, looking for a 2x annual sales for early BO would be 1.38B x 2 / 80.46M sh (post-dilution) = $34 PPS @ $2.76B BO.
If they take it to market and net 1B the first year, with a 15 P/E, I get 1,000M/80.46M sh = 12.43 EPS X 15 = ~$186 PPS. You stated earlier something about an industry avg of price/sales of 5.5. Using that ratio and Co. numbers, I get 1,380M/80.46M sh = 17.15 X 5.5 = ~ $94 PPS.