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, Bisalloy Steel Group's share price is A$3.65.
Bisalloy Steel Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$3.15. Hence, Bisalloy Steel Group's PS Ratio for today is 1.16.
Warning Sign:
Bisalloy Steel Group Ltd stock PS Ratio (=1.18) is close to 10-year high of 1.18
The historical rank and industry rank for Bisalloy Steel Group's PS Ratio or its related term are showing as below:
ASX:BIS'
s PS Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.49 Max: 1.23
Current: 1.14
During the past 13 years, Bisalloy Steel Group's highest PS Ratio was 1.23. The lowest was 0.15. And the median was 0.49.
ASX:BIS's PS Ratio is ranked worse than 71.71% of 608
companies
in the Steel industry
Industry Median: 0.51
vs ASX:BIS: 1.14
Bisalloy Steel Group Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Bisalloy Steel Group was 6.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 10.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 8.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 8.20% per year.
During the past 13 years, Bisalloy Steel Group's highest 3-Year average Revenue per Share Growth Rate was 20.10% per year. The lowest was -53.60% per year. And the median was -5.70% per year.
Back to Basics: PS Ratio
Bisalloy Steel Group PS Ratio Historical Data
The historical data trend for Bisalloy Steel Group'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 Bisalloy Steel Group's PS Ratio
For the Steel subindustry, Bisalloy Steel Group'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.
Bisalloy Steel Group's PS Ratio Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Bisalloy Steel Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where Bisalloy Steel Group's PS Ratio falls into.
Bisalloy Steel Group 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.
Bisalloy Steel Group's Share Price of today is A$3.65.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Bisalloy Steel Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$3.15.
* 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:
Bisalloy Steel Group (ASX:BIS) 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.
Bisalloy Steel Group PS Ratio Related Terms
Thank you for viewing the detailed overview of Bisalloy Steel Group's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Bisalloy Steel Group (ASX:BIS) Business Description
Bisalloy Steel Group Ltd is engaged in the processing and sale of quenched and tempered high-tensile, and abrasion-resistant steel plates. The company is organized into geographical operating segments, being Australian Operations is engaged in the distribution of wear-grade and high tensile plates through distributors and directly to original equipment manufacturers in both Australia and Overseas. Its Overseas Operations engage in the distribution of the abrasion-resistant plate as well as other steel plate products. The Overseas Operations also focus on the marketing and distribution of quench and tempered steel plates. The majority of its revenue is derived from Australian Operations. The company's products are marketed under the BISALLOY brand name.
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