P/E ratio 55.85So, Aphria has a current PE of 55.85.One of only a few companies to even have a pe ratio, becuase they make money! You factor in sales 25 x with recreational, youll be looking at a current pe of 2.234
Now, im not sure about you, but a pe of 2.234 is not a sustainable number. more like, 18x pe.
SO, assuming they do well with recreational and do 25X current sales, youll be looking at a sp of 18x Mult divided by 2.235 x 11.49 current sp and you have = 92.57$ per share. Similarily, other copanies in the sector will provit grealty, the MJ stocks are in bullish consolidation....All the big ones. This is a paciences game at this point. 10 - 20$ will be history once legalization begins. Not only that 20-30$ ps will be histopry once Q1 2019 reports.