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, GLG Life Tech's share price is $0.024.
GLG Life Tech's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $0.17. Hence, GLG Life Tech's PS Ratio for today is 0.14.
Warning Sign:
GLG Life Tech Corp stock PS Ratio (=0.21) is close to 1-year high of 0.22
The historical rank and industry rank for GLG Life Tech's PS Ratio or its related term are showing as below:
GLGLF'
s PS Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.64 Max: 2.54
Current: 0.21
During the past 13 years, GLG Life Tech's highest PS Ratio was 2.54. The lowest was 0.11. And the median was 0.64.
GLGLF's PS Ratio is ranked better than 90.85% of 1868
companies
in the Consumer Packaged Goods industry
Industry Median: 0.96
vs GLGLF: 0.21
GLG Life Tech Corp revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of GLG Life Tech was -17.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 2.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -10.30% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -8.50% per year.
During the past 13 years, GLG Life Tech's highest 3-Year average Revenue per Share Growth Rate was 123.90% per year. The lowest was -39.90% per year. And the median was -6.20% per year.
Back to Basics: PS Ratio
GLG Life Tech PS Ratio Historical Data
The historical data trend for GLG Life 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 GLG Life Tech's PS Ratio
For the Farm Products subindustry, GLG Life 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.
GLG Life Tech's PS Ratio Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, GLG Life Tech's PS Ratio distribution charts can be found below:
* The bar in red indicates where GLG Life Tech's PS Ratio falls into.
GLG Life 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.
GLG Life Tech's Share Price of today is $0.024. GLG Life Tech's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.17.
* 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.
GLG Life Tech PS Ratio Related Terms
Thank you for viewing the detailed overview of GLG Life Tech's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
GLG Life Tech (GLG Life Tech) Business Description
GLG Life Tech Corp is engaged in the manufacturing and sales of refined forms of stevia and monk fruit. It operates through a single segment of Natural Sweeteners Products. Some of its brands are RebPure, TasteBoost, BevSweet, BakeZeroCal, and GoZero. The company's geographical segments are China and North America, of which the majority of its revenue comes from the North America.
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