[b]Price/Sales Ratio Math[/b]
Post# of 8802
Sales equals roughly $18.8 million
Net Sales per share is Total sales divided by number of shares
240% growth over 3 years = 80% growth per year
2014 Sales $18.8mil + $15.04mil(80% of $18.8mil) = $33.84mil(estimated 2015 Revenue)
Divide 33.84mil(revs) / 1.8bil(shares) = .0188(net sales per share)
P/S Ratio is Share Price divided by Net Sales per Share
as of 6/4/2016 $0.0019/$0.0188=0.10
P/S = Investors pay $0.10 for every $1.00 in sales
http://www.investopedia.com/university/ratios...opedia.com
Rare to find a stock @ .1 P/S Ratio
https://screener.finance.yahoo.com/b?sc=844&a...;db=stocks
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