The calculation is nonsense.Including inflated assets - $2 billion in 'Goodwill' alone - produces incorrect results.
And it's nonsense to suggest that you use Price to Book as a calcualtio to determine what the vaue of a company's stock price should be.
A low ratio simply means a company MAY be undervalued - and it's just one of many factors that value investors look for, howeveer many companys have a low ratio because they deserve to have a low share price.
Inteliigent, sophisticated and informaed investors drilld own on numbers - and when they do that with Tilray - move on to comapnies that are legitimaltey undervalued.
quinlash knows no more about price to book than he does with his famus PS Ratio - he used to post that Hexo was a $40 stock based on his calculation of its PS Ration, when it was sitting at .17 cents.
Comment by
Bottomline1ston Jun 17, 2024 1:21pm 
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Post# 36092404
RE:Tilray Brands Valuation currently 56% undervalued
its obvious that tilray has been undervalued for some time