Tuesday, April 25, 2017 7:03:20 AM
Now that the financials for 2016 are out I updated my previous calculations of price-to-sales -ratio for VPOR and some of its peers. The P/S for VPOR is currently around 2, when other marijuana companies seem to have it around 30.
If VPOR's P/S was the same as AC$L's, our PPS would be 13,6 times higher than it currently is, trading at about 2,7 cents. Compared to the others it should be even higher.
Of course these calculations are based on my estimations of what each company's revenues for 2017 would be, but in my opinion my estimations are plausible. And the P/S ratio doesn't tell the whole truth, but this kind of a huge gap between VPOR and the others at least gives us a hint of the direction where we should start heading, and it's not down.
See for yourself and tell me what you think. If you have an idea for an additional company for comparison, tell me about it too.
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM