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Chinese automaker BYD Co Ltd’s (OTC:BYDDF)(OTC:BYDDY) price-to-sales ratio is expected to be on par with pure-play electric vehicle maker Nio Inc (NYSE:NIO), as per Citi, reports cnEVpost. What Happened: Nio has a market cap of $75.9 billion and posted $3.4 billion in revenue in the past four quarters, implying a P/S ratio of 22.
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