I don’t think that’s correct. According to this article, Ballast Point had $51.7M in revenue and profit of $5.9M. in 1H 2015. Let’s say they make 1.5x that in 2015 for a total of $125M Revenue and $10M in profit (being generous).
That means the Price/Sales is 8 and a P/E of 100. THat seems really expensive to me.
