American Coastal Insurance's P/S ratio is concerning due to projected revenue decline. The current ratio may not be justified as declining revenues may not support positive sentiment for long. Shareholders may feel the pinch if declining revenues lead to a falling share price.

Market's focus on revenue growth might explain the 564% share price gain in the last year. However, caution is advised due to the significant increase in share price.

Investors might be betting on business prospects turnaround despite declining revenues and slow growth. Prolonged trends potentially risk share price decline and overpayment.

@Mcsnacks H Tupack, what do you think about this one? It's been on a tear all year.