Despite Piesat Information Technology's growth forecasts and recent share price climb, its P/S lags behind most companies. The market anticipates revenue instability, pressuring the P/S ratio. The company's superior revenue outlook isn't boosting its P/S as expected, hinting at potential risks affecting the share price.

Even with its share price plummeting, Piesat Information Technology holds a high P/E due to an optimistic earnings forecast. Investors appear ready to pay a premium for the stock, anticipating robust future growth. Such conditions bolster the share price.