sits at 3.3x
As everyone knows, the OS is NOT a tool to determine a share price valuation - it's sim My one tool to gauge whether the current share price is undervalued, overvalued or fair.
A PS ratio of 1.0 indicates fair value, higher ( such ad Tilrays 3.3) indicate over valued and lower inidicates a company MAY be undervalued. There are factors that would cause a low ratio - a failing company might have a low PS - it certainly doesn't indicate a low valuation though.
Furthervto Dusters post, Tilrays 3.3 indicates possibly over valuation at the current $4.00 share price.
The bigger US MSOs are currently sitting at 1.9 or lower - indicating undervaluation - with a share price correction with SAFE, rescheduling and/or legalization.
All this has been born out with the latest developments and price movement the last week or so
Post by
Duster340on Sep 07, 2023 12:24pm 63 Views
Post# 35624289
Latest price target
from sep/1st
In a report released today, William Kirk from Roth MKM maintained a Hold rating on Tilray (TLRY – Research Report), with a price target of $2.50.