RE:RE:RE:69+ % upside from herePrice to Book RATIO, Price ro Sales Ratio, Earnings Ratio, etc update each time a QTR report is issued.
As sales increase and more revenue comes in the ratios improve.
These fundamentals do not take into consideration the total sakes since the company was formed nor do they take into consideration total expenses since the company was formed. Imagine if they did and you were looking at a company like Amazon or Microsoft, the numbers would be so incredibly large that they would have no meaning.
Ratios, Quarterly changes in sales, debt load etc can be looked at over time to determine long term trends.
Sites such as ycharts.com and fintel provide historical trend data charts for investors looking to research. Even Yahoo finance has a few that are useful.
Glad to be helping out here. Sounds as if we have a short who misunderstood a few things