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Post# of 113879
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cliffvb

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cliffvb

Re: researcher59 post# 63514

Monday, 07/29/2019 11:54:00 AM

Monday, July 29, 2019 11:54:00 AM

Post# of 113879
BYND Your post got me looking at this one which has surged over 800% since its recent IPO.

Current market cap: $13.5 Billion
Price/ sales ratio= 122/1
PE ratio NA as the company is losing money.
For 2020, analysts consensus estimate is for 5c eps:
2020 Fwd P/E= 4,400

Would anyone argue that this is not a very rich valuation for a company that makes plant based meat substitutes?

Still, I sure am glad that there were no shares available to short on this one as I would be losing my a** now.
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