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> Sure, they may have a lot of users, but so does the company that makes the paper I wipe my ass with. If you use Charmin to wipe your ass, they are owned by P
by callmeed 12y ago
> Sure, they may have a lot of users, but so does the company that makes the paper I wipe my ass with.
If you use Charmin to wipe your ass, they are owned by P&G, which has a market cap of $230B.
- chroem- 12y agoProcter and Gamble produces a whole lot more than toilet paper. They're one of the three or so megacorps that makes almost all of the consumer household goods sold in the US. https://en.wikipedia.org/wiki/List_of_Procter_%26_Gamble_brands https://en.wikipedia.org/wiki/List_of_Procter_%26_Gamble_bra... Comparing them to Amazon might be a bit more accurate.
- SeoxyS 12y agoEDIT: my napkin math turns out to have been closer to "toilet paper math" because it was completely wrong. See child comment for details. Interestingly, Charmin as a brand has revenue around ~2.5B[1], which when multiplied by P&G's P/E ratio of ~25[2] gives you a rough idea of the brand's value as part of the parent company's market cap: 60B. So, the paper you wipe your ass with is worth about 3 snapchats. [1]: http://www.statista.com/statistics/188710/top-toilet-tissue-brands-in-the-united-states/ http://www.statista.com/statistics/188710/top-toilet-tissue-... [2]: https://www.google.com/finance?q=NYSE%3APG&ei=t77jVOC5DMeoiQLy3ICQDA https://www.google.com/finance?q=NYSE%3APG&ei=t77jVOC5DMeoiQ...
- patmcc 12y agoThe E in P/E is earnings (profit), not revenue. Your valuation is probably an order of magnitude high. Also your first link uses the vague "sales" which could mean end retail sales, in which case revenue to P&G would be even lower. There's no way Charmin is worth $60B.
- SeoxyS 12y agoGood point. Edited my comment to reflect it was bad math.
- DonHopkins 12y agoAnd if you use University of Phoenix diplomas to wipe your ass, they are owned by Apollo Education Group, Inc, which has a market cap of 2.83B.