P/S Ratio in Wireless Sector

https://screener.finance.yahoo.com/b?sc=840&a...;db=stocks

P/S ratio should be much higher

Price/Sales Ratio Math


Sales equals roughly $10million

Net Sales per share is Total sales divided by number of shares

Divide 10,213,528(revs) / 1.875bil(shares) = .00544(net sales per share)

P/S Ratio is Share Price divided by Net Sales per Share

as of 7/12/2016 $0.0009/$0.005=0.166

P/S = Investors pay $0.166 for every $1.00 in sales

http://www.investopedia.com/university/ratios...opedia.com

Rare to find a stock @ .166 P/S Ratio

https://screener.finance.yahoo.com/b?sc=840&a...;db=stocks


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