TNT News: Market Cool On Tesserent Limited's (ASX:TNT) Revenues - 18th Apr 2023, 10:01am

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Tesserent Limited's (ASX:TNT) price-to-sales (or "P/S") ratio of 0.7x might make it look like a strong buy right now compared to the Software industry in Australia, where around half of the companies have P/S ratios above 2.8x and even P/S above 7x 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 limited.

Check out our latest analysis for Tesserent ps-multiple-vs-industry

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