Published on 8 Jun 2023 on Simply Wall St. via Yahoo Finance
Nordic American Tankers Limited's (NYSE:NAT) Business Is Trailing The Industry But Its Shares Aren't
With a median price-to-sales (or "P/S") ratio of close to 1.4x in the Oil and Gas industry in the United States, you could be forgiven for feeling indifferent about Nordic American Tankers Limited's (NYSE:NAT) P/S ratio of 1.9x. Although, it's not wise to simply ignore the P/S without explanation as investors may be disregarding a distinct opportunity or a costly mistake.
View our latest analysis for Nordic American Tankers
