Published on 18 Dec 2023 on Simply Wall St. via Yahoo Finance
With a price-to-sales (or "P/S") ratio of 0.6x Lions Gate Entertainment Corp. (NYSE:LGF.A) may be sending bullish signals at the moment, given that almost half of all the Entertainment companies in the United States have P/S ratios greater than 1.2x and even P/S higher than 4x are not unusual. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the reduced P/S.
Check out our latest analysis for Lions Gate Entertainment
NYSE:LGF.A Price to Sales Ratio vs Industry December 18th 2023