> What does it mean if a company was trading at 23x run-rate revenue?

What does it mean if a company was trading at 23x run-rate revenue?

Posted at: 2014-12-05 
Trading at 32 times revenue. And the revenue is being view as a run-rate. ($30 revenue/day with 21 business days in the month is $630 monthly, $7,560 annualized)