As of Q4'25, RGTI's Price-to-Sales (P/S) Ratio has surged to 3.67K, marking a substantial increase from previous quarters. This latest data point represents the highest value in the observed period, indicating a dramatic escalation in the company's market valuation relative to its sales. Analyzing the trend from Q1'23 to Q4'25, the P/S Ratio initially showed moderate fluctuations, ranging from 4.92 to 26.20 between Q1'23 and Q4'23. However, starting in Q1'24, the ratio began to accelerate, with especially sharp increases from Q4'24 onward—jumping from 247.68 in Q4'24 to 364.09 in Q1'25, then doubling to 662.65 in Q2'25, and more than doubling again to 1.46K in Q3'25 before peaking at 3.67K in Q4'25. This pattern suggests a period of extreme valuation expansion, likely driven by heightened investor expectations or significant changes in the company's revenue outlook.