AMZN's P/S Ratio

Amazon's P/S ratio as of May 6, 2024, is 3.43. This indicates that the market is currently valuing the company at 3.43 times its sales. While this is a relatively high P/S ratio, it is important to note that Amazon is a highly profitable and rapidly growing company, which may justify this valuation.${富文本块}${富文本块}