FBS Global shares surge 15.23% after-hours as price jump aligns P/S ratio with industry peers.

FBS Global surged 15.23% in after-hours trading as a significant price jump aligned its price-to-sales (P/S) ratio with industry peers, suggesting renewed investor confidence. The news highlighted that while revenue metrics may not fully reflect the company’s value, the stock’s valuation has normalized relative to competitors, potentially attracting buyers seeking undervaluation or market re-rating. The event-driven move indicates improved sentiment despite ambiguous operational commentary ("Operations too frequent") in the associated report.