P/S multiple

CFA Level II Equities
#1

Curriculum volume 4- Equity, reading 35, page 312, example 22

while calculating sales per share, sales are in million, shouldnt number of shares also be in millions?

#2

It’s just an abbreviation. 13,373,600,000/788,619,987 = 16.96

#3

They’re in miliions. Sales are 13.3736B and shares are 0.788619987B.

#4

got it thanks.

#5

got it thanks.