TVZone Media may be overvalued due to its high P/S ratio and...
TVZone Media may be overvalued due to its high P/S ratio and recent revenue decline. The current share price may be hard to justify unless medium-term conditions significantly improve. The high P/S ratio may reflect investor sentiment and future expectations more than valuation.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more