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, Greenwave Technology Solutions's share price is $0.0445.
Greenwave Technology Solutions's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.81. Hence, Greenwave Technology Solutions's PS Ratio for today is 0.02.
The historical rank and industry rank for Greenwave Technology Solutions's PS Ratio or its related term are showing as below:
GWAV'
s PS Ratio Range Over the Past 10 Years
Min: 0.01 Med: 56.24 Max: 23852.39
Current: 0.01
During the past 11 years, Greenwave Technology Solutions's highest PS Ratio was 23852.39. The lowest was 0.01. And the median was 56.24.
GWAV's PS Ratio is ranked better than 99.57% of 233
companies
in the Waste Management industry
Industry Median: 1.69
vs GWAV: 0.01
During the past 11 years, Greenwave Technology Solutions's highest 3-Year average Revenue per Share Growth Rate was 1297.80% per year. The lowest was -89.90% per year. And the median was 73.70% per year.
Back to Basics: PS Ratio
Greenwave Technology Solutions PS Ratio Historical Data
* 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 Greenwave Technology Solutions's PS Ratio
For the Waste Management subindustry, Greenwave Technology Solutions'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.
Greenwave Technology Solutions's PS Ratio Distribution in the Waste Management Industry
For the Waste Management industry and Industrials sector, Greenwave Technology Solutions's PS Ratio distribution charts can be found below:
* The bar in red indicates where Greenwave Technology Solutions's PS Ratio falls into.
Greenwave Technology Solutions 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.
Greenwave Technology Solutions's Share Price of today is $0.0445. Greenwave Technology Solutions'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 $2.81.
* 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:
Greenwave Technology Solutions (NAS:GWAV) 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.
Greenwave Technology Solutions PS Ratio Related Terms
Thank you for viewing the detailed overview of Greenwave Technology Solutions's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Greenwave Technology Solutions (Greenwave Technology Solutions) Business Description
Greenwave Technology Solutions Inc, through its subsidiary, is an operator of several metal recycling facilities in Virginia and North Carolina. At these facilities, the company is involved in collecting, classifying, and processing raw scrap metal (ferrous and nonferrous) for recycling. The company's products are selling ferrous metal, which is used in the recycling and production of finished steel. It is categorized into heavy melting steel, plate and structural, and shredded scrap. and it also processes nonferrous metals such as aluminum, copper, stainless steel, nickel, brass, titanium, alloys, and mixed metal products.
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