The low P/S ratio may be due to expectations of continued or...

The low P/S ratio may be due to expectations of continued or accelerated revenue decline. However, if this does not occur, existing shareholders may be optimistic about the future direction of the share price. The company's revenue growth is underperforming the industry, which is expected to expand by 60% in the next year. This, along with the company's declining revenue, may be contributing to the low P/S ratio and the drop in share price.