FBS Global shares surge 47.26% premarket as price jump aligns P/S ratio with industry peers.

FBS Global surged 47.26% in premarket trading as market participants appear to have re-rated the stock following improved valuation metrics. A recent report highlighted that FBS Global’s price-to-sales (P/S) ratio has realigned with industry peers, suggesting renewed investor confidence despite opaque revenue visibility. The summary noted the company’s “solid price jump” aligns its valuation with sector benchmarks, indicating potential undervaluation correction or strategic positioning. While the original news content was inaccessible, the summary implies a shift in market perception, likely driven by sector comparisons or operational improvements, though further details remain unclear.