Replies to post #6955 on Celsius Holdings Inc (CELH)

[Trinity United]

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.