GlobalFoundries Inc.’s (NASDAQ:GFS) Price Is Out Of Tune With Revenues
It’s not a stretch to say that GlobalFoundries Inc.’s (NASDAQ:GFS) price-to-sales (or “P/S”) ratio of 3x right now seems quite “middle-of-the-road” for companies in the Semiconductor industry in the United States, where the median P/S ratio is around 3.5x. 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.
See our latest analysis for GlobalFoundries
How GlobalFoundries Has Been Performing
GlobalFoundries could be doing better as its revenue has been going…