Investors expect the company to underperform the broader industry, reflected in its low P/S ratio. Despite a recent share price jump, the company's P/S remains below industry median due to disappointing revenue trends over the past three years.
The company's slower revenue growth is causing a lower P/S ratio. Shareholders are accepting this as they don't expect future revenue to surprise positively. If medium-term revenue trends persist, share price may not recover soon.
Zhejiang Canaan Technology Stock Forum
No comment yet