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, Victory Oilfield Tech's share price is $0.58.
Victory Oilfield Tech's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.00. Hence, Victory Oilfield Tech's PS Ratio for today is .
The historical rank and industry rank for Victory Oilfield Tech's PS Ratio or its related term are showing as below:
During the past 13 years, Victory Oilfield Tech's highest PS Ratio was 887.50. The lowest was 0.30. And the median was 10.28.
VYEY's PS Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.18 * Ranked among companies with meaningful PS Ratio only.
During the past 13 years, Victory Oilfield Tech's highest 3-Year average Revenue per Share Growth Rate was 177.50% per year. The lowest was -69.00% per year. And the median was -33.75% per year.
* 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 Victory Oilfield Tech's PS Ratio
For the Oil & Gas Equipment & Services subindustry, Victory Oilfield Tech'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.
Victory Oilfield Tech's PS Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Victory Oilfield Tech's PS Ratio distribution charts can be found below:
* The bar in red indicates where Victory Oilfield Tech's PS Ratio falls into.
Victory Oilfield Tech 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.
Victory Oilfield Tech's Share Price of today is $0.58. Victory Oilfield Tech's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.00.
* 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:
Victory Oilfield Tech (OTCPK:VYEY) PS Ratio Explanation
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.
Victory Oilfield Tech PS Ratio Related Terms
Thank you for viewing the detailed overview of Victory Oilfield Tech's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Victory Oilfield Tech (Victory Oilfield Tech) Business Description
Victory Oilfield Tech Inc is an oilfield energy-tech products company focused on improving well performance and extending the lifespan of the industry's most sophisticated and expensive equipment. The company's products include solutions for drill-pipe, production tubing, and radio frequency identification (RFID) enclosures. The company's only reportable segment is Hardband Services. Hardband Services provides various hardbanding solutions to oilfield operators for drill pipe, weight pipe, tubing, and drill collars.
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