Post by
dart321 on Mar 01, 2022 2:04pm
PS Ratio
Price to sales ratio. This ratio can be small or large some pot stocks see this ratio at 7 times others see it at 23 times. It all depends on how close profitability is. An example of this is Canopy which has a 7 time ratio because it's profitability is in the garbage, others have a ratio at 23 time because they have shown steady improvment towards prifitability. If we look at this company. They say their profitability will happen within six weeks and based on my research I am now certain they will be. The only information we still need is the established sales to penetration ratio for each of the provinces. Once we have this info we will have a super good idea of where the PS ratio will take the share price. All this info is about to come crashing out all at once so be prepared for an explosive jump in the share price. Based on their investors deck ( which I think has been lowballed ) the market cap of this company is expected to be between 80 and 90 million by May 1st. We shall see but my research tells me higher.