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Anyone would like to comment on why e commerce sector is on such...

  1. bcc_100
    1,072 Posts.
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    19/04/22
    11:57
    Post #: 60909062
    Anyone would like to comment on why e commerce sector is on such low evaluation (PS ratio) compared to last year?


    The pandemic restrictions are over. The stay home buy on internet trade is unwinding. Add into that rising rates, and no more government stimulus. They should have never traded on a rev multiple. The shift in consumer demand flattered a lot of what are otherwise very ordinary businesses.
    Last edited by bcc_100: 19/04/22
    CTT Price at posting: 90.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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