ALC News: Investors Aren't Buying Alcidion Group Limited's (ASX:ALC) Revenues - 13th May 2023, 6:12am

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With a price-to-sales (or "P/S") ratio of 3.1x Alcidion Group Limited (ASX:ALC) may be sending bullish signals at the moment, given that almost half of all the Healthcare Services companies in Australia have P/S ratios greater than 5x and even P/S higher than 10x are not unusual. Although, it's not wise to just take the P/S at face value as there may be an explanation why it's limited.

View our latest analysis for Alcidion Group ps-multiple-vs-industry

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