Text Book Stock Valuation MethodRevenue Method is Revenue only BUT the Expenses are not even mentioned
Are the Expenses ZERO
You can have big revenue but loose a lot of money
Wall Street and Bay Street want EARNINGS
The historical P/E (TTM), CAPE ratio and dividend yield of Canada's equity market, calculated using large cap companies listed on the Toronto Stock Exchange. The current P/E ratio of Canada's stock market is 38.12 and CAPE ratio is 22.82Mar. 5, 2021
MY TAKE:
ALY Proper Stock valuation
IF they can generate .20 EPS per year
.20 times .38 would be $7.60 share
Lets hope the BULL Market stays HOT for another 6 years as most
Broker houses loose money in a bear market
REALITY CHECK