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, South32's share price is A$3.65.
South32's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$2.26. Hence, South32's PS Ratio for today is 1.62.
Warning Sign:
South32 Ltd stock PS Ratio (=1.48) is close to 1-year high of 1.63
The historical rank and industry rank for South32's PS Ratio or its related term are showing as below:
ASX:S32'
s PS Ratio Range Over the Past 10 Years
Min: 0.63 Med: 1.63 Max: 8.13
Current: 1.62
During the past 12 years, South32's highest PS Ratio was 8.13. The lowest was 0.63. And the median was 1.63.
ASX:S32's PS Ratio is ranked better than 51.28% of 741
companies
in the Metals & Mining industry
Industry Median: 1.62
vs ASX:S32: 1.62
South32's Revenue per Sharefor the
six
months ended in Dec. 2023 was A$1.03.
Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$2.26.
Warning Sign:
South32 Ltd revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of South32 was -19.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 17.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 6.30% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 9.00% per year.
During the past 12 years, South32's highest 3-Year average Revenue per Share Growth Rate was 82.00% per year. The lowest was -17.60% per year. And the median was 9.90% per year.
Back to Basics: PS Ratio
South32 PS Ratio Historical Data
The historical data trend for South32'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.
For the Other Industrial Metals & Mining subindustry, South32'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.
South32's PS Ratio Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, South32's PS Ratio distribution charts can be found below:
* The bar in red indicates where South32's PS Ratio falls into.
South32 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.
South32's Share Price of today is A$3.65.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. South32's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$2.26.
* 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.
South32 PS Ratio Related Terms
Thank you for viewing the detailed overview of South32's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
South32 was born of the demerger of noncore assets from BHP in 2015. South32's major operations include alumina businesses in Australia and Brazil, aluminium in Brazil, South Africa, and Mozambique, manganese businesses in Australia and South Africa, and New South Wales metallurgical coal. It also owns the Cannington silver/lead/zinc mine in northwest Queensland and the Cerro Matoso nickel mine in Colombia. Cannington silver mine and manganese operations deliver high returns, but have relatively short reserve life. The company acquired Arizona Mining, which brings with it the high-grade and likely low-cost Taylor deposit in the U.S., and also entered the copper business in 2022 via the purchase of a 45% stake in the Sierra Gorda mine in Chile.
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