Post by
nozzpack on Aug 25, 2021 1:49pm
Price To Earnings Ratio
Examine some of the so called big caps in this sector and quite a few have negative earnings.
The average for this sector for this reason is a market cap that is 45 times net earnings.
HOLL earned $0.8. cents per share in its last quarter which is about 3.2. cents on an annual basis.
Based on Peer average multiple , and the current fair value is in excess of $1 per share.