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Zacks Investment Research
yesterday
Serve Robotics at a Premium Valuation: Should Investors Stay Away?
Serve Robotics Inc. SERV is currently trading at a forward 12-month Price/Sales (P/S F12M) ratio of 45.06, reflecting a premium of about 186% compared with the Zacks Computers – IT Services industry average of 15.75. The valuation also stands well above the broader Zacks Computer and Technology sector multiple of 7.46X and exceeds the S&P 500 composite level of 5.67X.