Dave Inc. (NASDAQ:DAVE), a consumer finance company, saw its stock plummet by 5.03% during Wednesday's trading session, underperforming the broader market.

The decline comes after an exceptional run for DAVE, with the stock surging 86% over the past 30 days and an astounding 1,356% gain in the last year. However, concerns are mounting about the company's valuation and its ability to sustain the current pace of growth.

Despite strong revenue growth in recent times, DAVE's price-to-sales (P/S) ratio currently stands at 3.3x, significantly higher than many of its industry peers. This elevated P/S ratio suggests that investors are betting on the company's ability to maintain its strong revenue performance. However, analysts forecast DAVE's revenue growth to match the industry average of 14% per year over the next three years, potentially calling into question the stock's current valuation.