Simple Math Shows Permex Petroleum Appears Deeply Undervalued

In the stock market, just about everything is speculative. Companies trade on countless metrics, with some analysts preferring trailing price-to-earnings ratio, others looking at forward P/E ratios, revenue projections, enterprise value and on and on. While fair valuation is certainly subjective for large caps, the case is even more volatile for small and microcaps due to the lack of analyst coverage to debate the matter. Regardless, sometimes the math is quite simple to show a company ... Click here to view full article