Bilibili Inc.’s (NASDAQ:BILI) 29% Price Boost Is Out Of Tune With Revenues
Despite an already strong run, Bilibili Inc. (NASDAQ:BILI) shares have been powering on, with a gain of 29% in the last thirty days. Unfortunately, despite the strong performance over the last month, the full year gain of 6.8% isn’t as attractive.
Since its price has surged higher, given close to half the companies operating in the United States’ Interactive Media and Services industry have price-to-sales ratios (or “P/S”) below 1.3x, you may consider Bilibili as a stock to potentially avoid with its 2.9x P/S ratio. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the elevated P/S.
