It all depends on what variables you are measuring valuation by. Business valuation could include an analysis of company’s management. Enterprise value-to-EBITDA. It may require a look at future earnings prospects and current capital structure. It may take into account the fair market value of a company’s assets. That is just to name a few. In the end the valuation is whatever the market gives it. My or your opinion really doesn’t matter. Time will tell. Looking good right now.