Replies to post #10704 on Kaival Brands Innovations Group Inc (KAVL)

[daiello]

You said we're at a 25x though, we aren't even close to that.

You can't do a P/E ratio based on 2Qs, that's not how it works. That's why I annualized the data we do have, and also did an assumption where we stayed flat on Q3 revenue for 4 quarters.

The hope is obviously that we grow, but until we see Q/Q growth and can start making assumptions based on growth, we are unfortunately most likely limiting our P/E ratio due to a conservative EPS.

The selling pressure is what is causing us to be down here, otherwise I'm sure we'd be over a dollar. This is the OTC, valuations are usually thrown out the window. Also, I'm sure a lot of OTC traders don't even understand PE ratios since most of the time OTC stocks are losing money/non revenue producing.

Our day will come, patience is key!