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Price/Sales Ratio Math for iTalk
Proforma Sales equals $13,888,500
Proforma Net Sales per share is Total sales divided by number of shares
Divide $13,888,500(revs) / 1.875bil(shares) = .0074(net sales per share)
P/S Ratio is Share Price divided by Net Sales per Share
as of 7/21/2016 $0.0005/$0.0074=0.07
P/S = Investors pay $0.07 for every $1.00 in sales = 0.07:1
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