Li Auto Inc.’s (NASDAQ:LI) Shares Lagging The Industry But So Is The Business
You might think that Li Auto Inc. it has a price-to-sales ratio (or "P/S") of 3.9x. (NASDAQ: LI ) is a stock worth checking out, as nearly half of all US auto companies have a P/S ratio above 4.9x, and it's not unusual for a P/S above 10x. While it is not reasonable to take … Read more