AVH News: AVITA Medical, Inc. (ASX:AVH) Could Be Riskier Than It Looks - 5th May 2023, 11:40am

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It's not a stretch to say that AVITA Medical, Inc.'s (ASX:AVH) price-to-sales (or "P/S") ratio of 12.3x right now seems quite "middle-of-the-road" for companies in the Biotechs industry in Australia, where the median P/S ratio is around 13.8x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/S.

View our latest analysis for AVITA Medical ps-multiple-vs-industry

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