Lesson 3: Revenue is the easiest line to grow. P/S works when P/E breaks — but it can flatter low-margin businesses.
No profit yet — now what?
Paying customers, no profit, so no P/E. What can you measure?
P/S — When Earnings Don't Exist Yet
Lesson 3: Revenue is the easiest line to grow. P/S works when P/E breaks — but it can flatter low-margin businesses.
Paying customers, no profit, so no P/E. What can you measure?