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S&P 500
5,222.68
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0.16%
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US TECH 100
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0.05%
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Trinity United

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Trinity United

Re: Trinity United post# 6955

Tuesday, 11/13/2018 11:51:07 AM

Tuesday, November 13, 2018 11:51:07 AM

Post# of 8799
Altitrade, would love your opinion.

S&P 500 average Price/Sales Ratio is 2.2746 according to this article

https://www.financialsense.com/peter-boockvar/price-sales-ratio-sp-500-surpasses-2000-tech-bubble-peak

IF we take the 16M and annualize it, that is 64M in sales. Obviously doesn't take future growth into account.

64M at teh 2.2746 that nets out to a share price of $2.85. Far cry from $4 we are at now. To hit 7 that has to include massive international growth.
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