Despite Bingo Software's recent price surge, its P/S ratio remains below industry median due to weaker than expected three-year revenue trends. Investors accept this, expecting limited growth rates to persist, potentially hindering a share price reversal.

Despite satisfactory revenue growth, the company lags behind the industry's expected 35% growth next year. This, coupled with a recent share price drop, may explain its lower P/S ratio. Investors may doubt the potential for revenue improvement, and if recent trends persist, the share price may not recover soon.