GREY:GBLTF - Post by User
Comment by
chiefdilzon Nov 30, 2020 10:46am
78 Views
Post# 32000074
RE:Q3 2020 Announced
RE:Q3 2020 Announced
If extrapolate the 9 months to 12 months (not accounting for growth trend) it looks like we are trading at just over 7 times earnings (p/e ratio) and .36 sales (p/s ratio).
The average healthcare related co out there trades at 24 times earnings and in general a p/s ratio of under 1 is considered a good buy (and between 1 and 2 a fair value).
Using these ratios would give a shareprice of .36 (using a 1:1 p/s ratio) and .72 using 2:1 ratio. Applying the 24x multiple for healthcare industry using $1.96 million would give a shareprice of .42.
This website indicates that the ratios for the indusctry are higher than those above:
https://csimarket.com/Industry/Industry_Valuation.php?s=800