Despite A-Zenith's recent poor growth, its high P/S ratio indicates investor optimism for a business turnaround. However, without significant medium-term improvements, the current share price may be hard to justify.
High stock's P/S ratio, amid revenue decline, is alarming. The optimistic market sentiment may not sustain unless revenues enhance significantly. Current stock price might not depict fair value under these conditions.
A-Zenith Home Furnishings Stock Forum
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