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Does sens 1B valuation make sense? Is it over valued?
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Sens valuation as per yahoo finance is around 1B. And the total market for glucose testing is around 7B. And it's expected to grow around 7 cgpr.
Doesn't this make stock over valued?
Links https://finance.yahoo.com/quote/SENS/
https://www.grandviewresearch.com/industry-analysis/blood-glucose-monitoring-bgm-devices-market
I have no doubt regarding their functionality it's just the valuation part i have my doubt with
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