Vital foundation for the positive outcome of a party, stating that there should at least be one vagina present for every testicle. As a result a party with a good "balls to pussy ratio" provides two females for one male.
"Dude, that party sucked. Seriously, there weren't any chicks at all."
"Yeah, it had a really crappy balls to pussy ratio."
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.