I'm a financial analyst who works a lot with valuation. The valuation of any business is typically calculated using time-discounted future cash flows. Since PBC doesn't have any TV deals AS OF RIGHT NOW, there are no real future cash flows to calculate any sort of valuation with making this valuation meaningless if and when Haymon signs any TV deal.
This prob reflects "book value" or the value of on-hand assets rather than a reflection of any really going concern value of PBC..
This prob reflects "book value" or the value of on-hand assets rather than a reflection of any really going concern value of PBC..
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