PINL:GRPOF - Post by User
Post by
Tameraq2on Aug 06, 2018 5:24pm
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Post# 28418636
At last fair analysis for Tetra. Taking knowledge
At last fair analysis for Tetra. Taking knowledge
I like this analysis for Tetra. Those ppl understand that the numbers do not apply to TBP because the assets of Tetra are mostly knowledge which is intangible value. This is what they say about tetra on cedarvillenews. In trying to determine the current valuation of Tetra Bio-Pharma Inc. (TSXV:TBP) shares, we note that the Book to Market ratio of the shares stands at 0.205422. Its commonly accepted that a Book to Market ratio greater than one indicates that the shares might be undervalued. The book to market ratio has some limitations in certain industries however where intangible assets (such as knowledge) often are not represented on a balance sheet. The ratio is calculated by dividing the market price per share by book value per share