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Bullboard - Stock Discussion Forum Tilray Brands, Inc. TLRY

Alternate Symbol(s):  T.TLRY

Tilray Brands, Inc. is a global cannabis-lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis business, Distribution business, Beverage alcohol business and Wellness business. The Cannabis business segment is engaged in the production, distribution, sale, co-manufacturing, and advisory services of both medical and adult-use cannabis. The... see more

NDAQ:TLRY - Post Discussion

Tilray Brands, Inc. > RE:Tilray vs Canopy share value
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Post by quinlash on Apr 21, 2024 2:21pm

RE:Tilray vs Canopy share value

If you want to account for the difference in sharecount and a compare pricing etc you can research "what is stock price to sales ratio" 

This will tell you how each stock is priced based on sales. It does not provide short term pricing targets however it can be considered as part of historical momentum experienced by the stock

Ycharts provides historical price to sales ratio data
Comment by Oldweed on Apr 21, 2024 2:31pm
Of course, you can continue to add factors in if you like. So let's just say Tilray sales are 1mil ans Canopy's are 1/2 mil just for easy math. Take the 0.29 x 1.5 and you will get 0.58CAD. You can keep drilling down on every factor until you get an absolute apples to apples comparison your happy with. The point here I'm making is Canopy trades at somewhere around 32x multiple on sales ...more  
Comment by Oldweed on Apr 21, 2024 2:33pm
Sorry, take the 0.29 x 2 = 0.58 (1/2M vs 1M revenue)
Comment by quinlash on Apr 21, 2024 2:37pm
Oldweed, You are making up non standard and largely error prone means to compare stocks.  While you can certainly go your own way and do what you want, those with money are using more standardized methods to compare the data.  When these investors deem a stock to be under valued and opt to buy in they can move a shareprice in unexpected manners. I suggest you try not to be caught ...more  
Comment by Oldweed on Apr 21, 2024 2:46pm
The approach I used was not to identify the true value of each stock but simply to put each stock on an equal footing to compare their price. Both are at high multiples depending on how bullish your are on each. I like to look at things in as many different ways as I can, but thank you anyways for the words of caution. Shorting is for the big boys not for the little Jo retail imho. I'm just ...more  
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