Post by
quinlash on Apr 21, 2024 2:21pm
RE:Tilray vs Canopy share value
If you want to account for the difference in sharecount and a compare pricing etc you can research "what is stock price to sales ratio"
This will tell you how each stock is priced based on sales. It does not provide short term pricing targets however it can be considered as part of historical momentum experienced by the stock
Ycharts provides historical price to sales ratio data
Comment by
Oldweed on Apr 21, 2024 2:33pm
Sorry, take the 0.29 x 2 = 0.58 (1/2M vs 1M revenue)