SOM News: Revenues Working Against SomnoMed Limited's (ASX:SOM) Share Price - 18th Apr 2023, 6:53am

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SomnoMed Limited's (ASX:SOM) price-to-sales (or "P/S") ratio of 1x might make it look like a strong buy right now compared to the Medical Equipment industry in Australia, where around half of the companies have P/S ratios above 5.4x and even P/S above 16x are quite common. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the highly reduced P/S.

See our latest analysis for SomnoMed ps-multiple-vs-industry

What Does SomnoMed's P/S Mean For Shareholders...

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