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PolyNovo Limited's (ASX
NV) price-to-sales (or "P/S") ratio of 22.2x might make it look like a strong sell right now compared to the Medical Equipment industry in Australia, where around half of the companies have P/S ratios below 5.3x and even P/S below 2x are quite common. Although, it's not wise to just take the P/S at face value as there may be an explanation why it's so lofty.
See our latest analysis for PolyNovo ps-multiple-vs-industry
How PolyNovo Has Been Performing
Recent times hav...
>>> Read more: PolyNovo Limited (ASXNV) Not Flying Under The Radar
NV) price-to-sales (or "P/S") ratio of 22.2x might make it look like a strong sell right now compared to the Medical Equipment industry in Australia, where around half of the companies have P/S ratios below 5.3x and even P/S below 2x are quite common. Although, it's not wise to just take the P/S at face value as there may be an explanation why it's so lofty.See our latest analysis for PolyNovo ps-multiple-vs-industry
How PolyNovo Has Been Performing
Recent times hav...
>>> Read more: PolyNovo Limited (ASX
NV) Not Flying Under The Radar