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Recommendations: 1
1. Why is the P/B negative? 2. Why recent P/S so high? Is it a jump in margins?
Hi anuragupta! Sorry I've been swamped.
These aren't the type numbers that value investors would salivate over, that's true.
P/B is N/A because B is negative (same is reported by Y!finance and reueters). Debt here is 251M, while cash is 37M (and revenue is 535M).
P/S is high because it's a high growth company that's just two years old.
I think the trends are important though: a) debt is getting paid off regularly. BARE has substantially higher operating margins than their competitors, so can pay this out of cash flow. (the big worry with debt is that dilution will occur through new offerings of stock to pay the debt)
b) P/S is ever decreasing - and not just because the stock price has been going down lately. The "S" is the revenue per share over the last year. BARE's revenue has gone up every quarter.
BTW, for anyone looking at ratios/numbers, Reuters site is great and a little more in depth than Y!F: http://www.reuters.com/finance/stocks/ratios?symbol=BARE.O
And for trends I like to look at bigcharts.com interactive charts - since you can look at P/E over time (but they don't have P/S over time, you just have to figure that yourself).
Sarah
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