RE:RE:RE:RE:RE:RE:RE:RE:RE:Share priceHow are you trying to compare share price without looking at the market cap and/or outstanding shares? From what I saw, in 2015 SHOP had a market cap of close to $1.6 - $1.8 billion with revenues of U$200 million in 2015.
PYR has a backlog of revenues in the $30+ million range iirc and has paradigm shifting technology in an economic environment that is increasingly seeking environmentally friendly industrial solutions.
So that brings to me to my next point - how are you trying to compare valuations in companies that don't even do the same thing and aren't even in the same realm? This is a mistake people who aren't in finance often make. You need to compare to peers to make a proper relative valuation and assessment. Otherwise your comparison is quite frankly useless, as it doesn't account for the differences in industry and the risks associated in each.
At the end of the day, PYR is one of a kind company, and its valuation is - like most growth tech companies - based on its foreseeable growth potential alongside its current results and financial position. Ultimately, the concept of valuation based on market cap is an imperfect science, so to try to prove a point with this simple math is a fruitless endeavor, that may misdirect or confuse investors.
I am an accountant with a specialty in finance. You are comparing apples and oranges here.