High P/S ratio may be due to expectations of future revenue growth, despite poor performance. Unless business prospects improve, current share price may not be sustainable. Medium-term conditions may lead to share price decline, bringing P/S back to a reasonable range.
Despite poor growth, the company's high P/S ratio suggests investors anticipate a business turnaround. However, continued revenue decline could harm the share price, posing a risk to shareholders.
Guangdong New Grand Long Packing Stock Forum
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