The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Meiji Holdings Co's share price is 円3486.00.
Meiji Holdings Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was 円3,962.53. Hence, Meiji Holdings Co's PS Ratio for today is 0.88.
The historical rank and industry rank for Meiji Holdings Co's PS Ratio or its related term are showing as below:
TSE:2269'
s PS Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.9 Max: 1.3
Current: 0.88
During the past 13 years, Meiji Holdings Co's highest PS Ratio was 1.30. The lowest was 0.27. And the median was 0.90.
TSE:2269's PS Ratio is ranked better than 53.81% of 1864
companies
in the Consumer Packaged Goods industry
Industry Median: 0.955
vs TSE:2269: 0.88
Meiji Holdings Co Ltd revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of Meiji Holdings Co was 4.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -1.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -0.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 1.30% per year.
During the past 13 years, Meiji Holdings Co's highest 3-Year average Revenue per Share Growth Rate was 91.50% per year. The lowest was -4.30% per year. And the median was 1.45% per year.
Back to Basics: PS Ratio
Meiji Holdings Co PS Ratio Historical Data
The historical data trend for Meiji Holdings Co's PS Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Meiji Holdings Co's PS Ratio
For the Packaged Foods subindustry, Meiji Holdings Co's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Meiji Holdings Co's PS Ratio Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Meiji Holdings Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Meiji Holdings Co's PS Ratio falls into.
Meiji Holdings Co PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Meiji Holdings Co's Share Price of today is 円3486.00. Meiji Holdings Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円3,962.53.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Meiji Holdings Co PS Ratio Related Terms
Thank you for viewing the detailed overview of Meiji Holdings Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Meiji Holdings was established in April 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. The amalgamation was propelled by a surge in commodity prices, Japan's aging and shrinking population, and fierce competition. The food business, comprising dairy and confectionery operations, represents more than 80% of the group's sales and profits. The rest mainly comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Meiji is looking to step up overseas expansion of the food business, particularly in China, which will serve as a key growth driver over the medium term.
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