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, Accordant Group's share price is NZ$0.50.
Accordant Group's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$6.40. Hence, Accordant Group's PS Ratio for today is 0.08.
Good Sign:
Accordant Group Ltd stock PS Ratio (=0.07) is close to 10-year low of 0.07
The historical rank and industry rank for Accordant Group's PS Ratio or its related term are showing as below:
NZSE:AGL'
s PS Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.28 Max: 0.64
Current: 0.08
During the past 13 years, Accordant Group's highest PS Ratio was 0.64. The lowest was 0.07. And the median was 0.28.
NZSE:AGL's PS Ratio is ranked better than 98.5% of 1066
companies
in the Business Services industry
Industry Median: 1.11
vs NZSE:AGL: 0.08
Accordant Group Ltd 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 Accordant Group was -7.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -4.70% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -5.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 1.80% per year.
During the past 13 years, Accordant Group's highest 3-Year average Revenue per Share Growth Rate was 856.50% per year. The lowest was -54.10% per year. And the median was 7.10% per year.
Back to Basics: PS Ratio
Accordant Group PS Ratio Historical Data
The historical data trend for Accordant 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 Accordant Group's PS Ratio
For the Staffing & Employment Services subindustry, Accordant 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.
Accordant Group's PS Ratio Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Accordant Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where Accordant Group's PS Ratio falls into.
Accordant 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.
Accordant Group's Share Price of today is NZ$0.50.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Accordant Group's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$6.40.
* 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.
Accordant Group PS Ratio Related Terms
Thank you for viewing the detailed overview of Accordant Group's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: AWF and Madison, Absolute IT, and JacksonStone & Partners. The AWF brands derive their revenues from temporary staffing services to the industry. The Madison, Absolute IT, and JacksonStone & Partners brands, which is the key revenue driver, derive revenues from the temporary, contract, and permanent staff services to commerce.
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