Show me a stock that is pulling in 3.566 million in NET REVENUE and I guarantee you they would be trading well into silver land.
Now think about this hypothetical scenario:
You have company A that has 1 billion in revenues 500 million shares but 3 million in losses You have company B that has 15 million in revenues 500 million shaes but 3.566 net revenue.
According to the formula you just worked out to come up with .016*
1. What would you value company A at 2, What would you value company B at