The company's P/S ratio is seen as reasonable if it aligns with the industry average. However, its recent three-year growth is below the industry forecast, making the current P/S ratio unsettling. Without medium-term improvements, the current share price seems overvalued.
Given the company's poor revenue trends and the industry's higher growth forecast, the current P/S ratio may not be sustainable. Without significant improvement in performance, the P/S ratio may decline to a more reasonable level.
Shenzhen Magic Design & Decoration Engineering Stock Forum
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