Tuesday, June 23, 2020 9:26:40 AM
Respectfully, using a 2 PE Ratio is not very realistic at all. It is very debatable. Using 15 is very very conservative as I could have used one of the PE Ratios from one of the four Healthcare Industries ranging from 131.32 to 159.85 derived from the growth rate of 535 companies within the Industry as indicated below. Then imagine what the share price would be considered to be for VYST:
Again, I think all should read through the links below to have a versatile understanding of the Price to Earnings (PE) Ratio:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57154170
http://www.investopedia.com/terms/p/price-earningsratio.asp
v/r
Sterling
Exit Strategy & Etiquette Thoughts for a Stock
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128822531
I never give investing advice; only my beliefs for risks in a stock.
Recent VYST News
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