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, Earth Science Tech's share price is $0.15.
Earth Science Tech's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.02. Hence, Earth Science Tech's PS Ratio for today is 7.89.
The historical rank and industry rank for Earth Science Tech's PS Ratio or its related term are showing as below:
ETST'
s PS Ratio Range Over the Past 10 Years
Min: 1.43 Med: 45 Max: 3100
Current: 6.32
During the past 11 years, Earth Science Tech's highest PS Ratio was 3100.00. The lowest was 1.43. And the median was 45.00.
ETST's PS Ratio is ranked worse than 82.37% of 1004
companies
in the Drug Manufacturers industry
Industry Median: 2.21
vs ETST: 6.32
During the past 11 years, Earth Science Tech's highest 3-Year average Revenue per Share Growth Rate was 122.40% per year. The lowest was -35.20% per year. And the median was 22.90% per year.
Back to Basics: PS Ratio
Earth Science Tech PS Ratio Historical Data
The historical data trend for Earth Science Tech'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 Earth Science Tech's PS Ratio
For the Drug Manufacturers - Specialty & Generic subindustry, Earth Science 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.
Earth Science Tech's PS Ratio Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Earth Science Tech's PS Ratio distribution charts can be found below:
* The bar in red indicates where Earth Science Tech's PS Ratio falls into.
Earth Science 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.
Earth Science Tech's Share Price of today is $0.15. Earth Science 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 $0.02.
* 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:
Earth Science Tech (OTCPK:ETST) 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.
Earth Science Tech PS Ratio Related Terms
Thank you for viewing the detailed overview of Earth Science Tech's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Earth Science Tech (Earth Science Tech) Business Description
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