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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, Greenlane Holdings's share price is $0.6169. Greenlane Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $43.13. Hence, Greenlane Holdings's PS Ratio for today is 0.01.
Good Sign:
Greenlane Holdings Inc stock PS Ratio (=0.01) is close to 10-year low of 0.01
The historical rank and industry rank for Greenlane Holdings's PS Ratio or its related term are showing as below:
During the past 6 years, Greenlane Holdings's highest PS Ratio was 1.08. The lowest was 0.01. And the median was 0.13.
Greenlane Holdings's Revenue per Sharefor the three months ended in Sep. 2023 was $2.14. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $43.13.
Warning Sign:
Greenlane Holdings Inc 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 Greenlane Holdings was -87.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was -63.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was -37.60% per year.
During the past 6 years, Greenlane Holdings's highest 3-Year average Revenue per Share Growth Rate was 7.80% per year. The lowest was -63.10% per year. And the median was -39.10% per year.
The historical data trend for Greenlane Holdings'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.
Greenlane Holdings Annual Data | |||||||||||||||
Trend | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||
PS Ratio | Get a 7-Day Free Trial | - | 0.18 | 0.34 | 0.22 | 0.02 |
Greenlane Holdings Quarterly Data | ||||||||||||||||||||
Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | |
PS Ratio | Get a 7-Day Free Trial | 0.05 | 0.02 | 0.02 | 0.01 | 0.02 |
For the Tobacco subindustry, Greenlane Holdings'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.
For the Tobacco Products industry and Consumer Defensive sector, Greenlane Holdings's PS Ratio distribution charts can be found below:
* The bar in red indicates where Greenlane Holdings's PS Ratio falls into.
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.
Greenlane Holdings's PS Ratio for today is calculated as
PS Ratio | = | Share Price | / | Revenue per Share (TTM) |
= | 0.6169 | / | 43.127 | |
= | 0.01 |
Greenlane Holdings's Share Price of today is $0.6169.
Greenlane Holdings'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 $43.13.
* 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:
PS Ratio | = | Market Cap | / | Revenue |
The Revenue here is for the trailing 12 months.
Greenlane Holdings (NAS:GNLN) 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.
Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.
Be Aware
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.
Thank you for viewing the detailed overview of Greenlane Holdings's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Gina Collins | director | C/O GREENLANE HOLDINGS, INC., 1401 WARNER AVE., SUITE A, TUSTIN CA 92780 |
Craig A. Snyder | officer: Chief Commercial Officer | C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487 |
Jeffrey J Uttz | director | C/O SHAKE SHACK INC., 24 UNION SQUARE EAST, 5TH FLOOR, NEW YORK NY 10003 |
Lana Reeve | officer: See remarks. | C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 100, BOCA RATON FL 33487 |
Adam Schoenfeld | director, 10 percent owner, officer: Chief Strategy Officer | 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487 |
Darsh Dahya | officer: Chief Accounting Officer | C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487 |
Renah Persofsky | director | 55 PRINCE ARTHUR AVENUE, #604, TORONTO A6 M5R 1B3 |
Mote William E. Jr | officer: Chief Financal Officer | C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487 |
Aaron Locascio | director, 10 percent owner, officer: Chief Executive Officer | 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487 |
Nicholas Kovacevich | director, officer: Chief Executive Officer | 2618 SAN MIGUEL DRIVE, #480, NEWPORT BEACH CA 92660 |
Oliveira Rodrigo De | officer: Chief Operating Officer | C/O KUSHCO HOLDINGS, INC., 11958 MONARCH STREET, GARDEN GROVE CA 92841 |
Dallas Imbimbo | director | 1800 NEWPORT CIRCLE, SANTA ANA CA 92705 |
Donald H Hunter | director | C/O HARBOR GLOBAL CO LTD, ONE FANEUIL HALL MARKET PLACE, BOSTON MA 02109 |
Michael Cellucci | officer: See remarks. | C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487 |
William J. Bine | officer: Chief Operating Officer | C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487 |
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