Douglas Elliman Inc.’s (NYSE:DOUG) Share Price Is Matching Sentiment Around Its Revenues
With a price-to-sales (or “P/S”) ratio of 0.2x Douglas Elliman Inc. (NYSE:DOUG) may be sending bullish signals at the moment, given that almost half of all the Real Estate companies in the United States have P/S ratios greater than 1.9x and even P/S higher than 11x 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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How Douglas Elliman Has Been Performing
The revenue growth achieved at Douglas Elliman over the last year…
