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, Sea Harvest Group's share price is R7.90.
Sea Harvest Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was R21.93. Hence, Sea Harvest Group's PS Ratio for today is 0.36.
Good Sign:
Sea Harvest Group Ltd stock PS Ratio (=0.35) is close to 10-year low of 0.34
The historical rank and industry rank for Sea Harvest Group's PS Ratio or its related term are showing as below:
JSE:SHG'
s PS Ratio Range Over the Past 10 Years
Min: 0.34 Med: 0.98 Max: 1.63
Current: 0.36
During the past 10 years, Sea Harvest Group's highest PS Ratio was 1.63. The lowest was 0.34. And the median was 0.98.
JSE:SHG's PS Ratio is ranked better than 80.64% of 1865
companies
in the Consumer Packaged Goods industry
Industry Median: 0.96
vs JSE:SHG: 0.36
Sea Harvest Group Ltd revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Sea Harvest Group was 6.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 13.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 16.10% per year.
During the past 10 years, Sea Harvest Group's highest 3-Year average Revenue per Share Growth Rate was 20.00% per year. The lowest was 13.20% per year. And the median was 17.20% per year.
Back to Basics: PS Ratio
Sea Harvest Group PS Ratio Historical Data
The historical data trend for Sea Harvest Group'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 Sea Harvest Group's PS Ratio
For the Farm Products subindustry, Sea Harvest Group'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.
Sea Harvest Group's PS Ratio Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Sea Harvest Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where Sea Harvest Group's PS Ratio falls into.
Sea Harvest Group 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.
Sea Harvest Group's Share Price of today is R7.90.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Sea Harvest Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was R21.93.
* 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.
Sea Harvest Group PS Ratio Related Terms
Thank you for viewing the detailed overview of Sea Harvest Group's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Sea Harvest Group Ltd is engaged in the fishing of Cape Hake and Shark Bay Prawns along with Horse Mackerel, Pilchards, Anchovies, and a variety of farmed species, processing of the catch into frozen and chilled seafood, and the marketing of these products, locally and internationally. It operates in four segments: South African Fishing, Australian operation, Aquaculture, and Cape Harvest Foods segments." The majority of its revenue comes from the South African Fishing segment.
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