Price to sales ratio as a popularity indicator

Unfortunately, in practice, exactly the opposite is true: Ken Fisher described in his book "Super Stocks" PSRs "as an almost perfect yardstick for the popularity of a stock." Internet stocks are a prime example here. Exciting growth stories capture the imagination of investors. The fundamental valuation then moves into the background.

Ie: the higher the popularity, the higher the PSR. The higher the PSR is the worse in the medium and long-term performance of the shares. Investors who were active at the new market can sing a song about it.