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Why price-to-sales multiples are nonsensical: When is the price-to-sales ratio ever meaningful?

Why price-to-sales multiples are nonsensical…

Valuation_Finance
Apr 29, 2023
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Stonk’s Substack
Stonk’s Substack
Why price-to-sales multiples are nonsensical: When is the price-to-sales ratio ever meaningful?

We often hear analysts mention price-to-sales multiples on CNBC and Bloomberg.

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