Codexis, Inc. (CDXS)

Market price: $1.28

3 valuation methods

• P / B: $0.30 to $0.44 (midpoint $0.34)
• EV / Revenue: $0.75 to $1.76 (midpoint $1.41)
• EV / Gross Profit: $1.61 to $5.45 (midpoint $2.88)

Pre-profit company — earnings-based methods not meaningful.