Ningbo Daye Garden Machinery Stock Forum

Despite the recent price bounce, the company's P/S ratio may not be justified due to its poor revenue performance. There's a risk of future disappointment if the P/S falls to levels more in line with the recent negative growth rates.

Despite declining revenues, the company's P/S ratio is on par with the industry, suggesting investors anticipate a business turnaround. However, without significant performance improvement, the current share price may seem overvalued.