Published on 27 Oct 2023 on Simply Wall St. via Yahoo Finance
Market Still Lacking Some Conviction On Jowell Global Ltd. (NASDAQ:JWEL)
It's not a stretch to say that Jowell Global Ltd.'s (NASDAQ:JWEL) price-to-sales (or "P/S") ratio of 0.7x right now seems quite "middle-of-the-road" for companies in the Specialty Retail industry in the United States, where the median P/S ratio is around 0.3x. 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 Jowell Global
