InvestorsHub Logo
Followers 61
Posts 4605
Boards Moderated 1
Alias Born 10/02/2018

Re: redwagon post# 61124

Thursday, 06/10/2021 8:48:17 PM

Thursday, June 10, 2021 8:48:17 PM

Post# of 94967
$45 million annual revenue =

$45 million
at 20% profit margin
= $9 million (earnings)
P/E ratio = 60
$9 million * 60 (P/E) = $540 million market cap valuation
$540 million / 165 million shares = $3.27

PPS = $3.27 per share.