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nbketz4

12/04/19 9:13 PM

#32526 RE: Antoine Doinel #32525

There are a number of different ratios/formulas (P/E, EBITDA, etc) that are used for stocks with earnings, profits/losses, cash flow, etc to try and determine a "fair" valuation or price per share. There are a few ratios in that article that I've never even heard of, but I highlighted the P/E ratio (price to earnings), because that is the simplest one (lol).

A stock with a P/E ratio under 10 is considered undervalued. The gaming sector supports an average P/E ratio of 27, and GMGI has a P/E ratio of 7.5-significantly undervalued. GMGI's share price could easily be 2-3 times the price it is now-which I believe is a much "fairer" valuation-a share price of .01-.015+, imo.

It's amazing that GMGI can even be valued like this, because these formulas & ratios are basically used on NASDAQ/NYSE stocks. GMGI is a rare breed in the otc; even rarer for an otc under .01.