What is Price-to-sales ratio? How useful is this market ratio?

Market ratio:Price-to-sales-ratio

 One of the business ratio analysis which we often come across is the Price-to-sales ratio.

Append below in summary what is this market ratio is all about:-

Ratio Purpose Formula Price-to-sales ratio Measures the relationship between the value of stock and the level of company.   PS:note that sales volume is [...]