Revenues Working Against Appian Corporation’s (NASDAQ:APPN) Share Price
With a price-to-sales (or “P/S”) ratio of 3.7x Appian Corporation (NASDAQ:APPN) may be sending bullish signals at the moment, given that almost half of all the Software companies in the United States have P/S ratios greater than 5.4x and even P/S higher than 12x 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.
See our latest analysis for Appian