Published on 15 Nov 2023 on Simply Wall St. via Yahoo Finance
Sentiment Still Eluding Lumine Group Inc. (CVE:LMN)
With a median price-to-sales (or "P/S") ratio of close to 3x in the Software industry in Canada, you could be forgiven for feeling indifferent about Lumine Group Inc.'s (CVE:LMN) P/S ratio of 2.7x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/S.
See our latest analysis for Lumine Group
