Published on 14 Jun 2023 on Simply Wall St. via Yahoo Finance
Market Cool On TomTom N.V.'s (AMS:TOM2) Revenues
With a price-to-sales (or "P/S") ratio of 1.7x TomTom N.V. (AMS:TOM2) may be sending bullish signals at the moment, given that almost half of all the Software companies in the Netherlands have P/S ratios greater than 2.4x and even P/S higher than 5x are not unusual. Although, it's not wise to just take the P/S at face value as there may be an explanation why it's limited.
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