Replies to post #85274 on Avid Bioservices Inc (CDMO)

[Bungler]

PPHM Monthly Historical Market Capitalization

The pps is but one of the two factors that determine the value of a company. The other factor is of course the number of outstanding shares. When the historical market capitalization of PPHM over the last ten years is considered (instead of just looking at the pps which is rather meaningless on its own), we see that PPHM is currently valued 46% below the ten year high of 339.23MM reached in January 2004. Just to get back to that valuation would put the current pps at $3.26. And as mentioned, ponder the state of the company now versus January 2004.


http://ycharts.com/companies/PPHM/historical_data/market_cap?start_month=7&start_day=28&start_year=2002&end_month=7&end_day=28&end_year=2012