Price/Sales Ratio Math for iTalk Proforma Sal
Post# of 8802
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 8/15/2016 $0.0003/$0.0074=0.04
P/S = Investors pay $0.04 for every $1.00 in sales = 0.04:1
http://www.investopedia.com/university/ratios...opedia.com
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