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, Steel & Tube Holdings's share price is NZ$0.96.
Steel & Tube Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was NZ$3.18. Hence, Steel & Tube Holdings's PS Ratio for today is 0.30.
Good Sign:
Steel & Tube Holdings Ltd stock PS Ratio (=0.29) is close to 3-year low of 0.28
The historical rank and industry rank for Steel & Tube Holdings's PS Ratio or its related term are showing as below:
NZSE:STU'
s PS Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.38 Max: 0.71
Current: 0.3
During the past 13 years, Steel & Tube Holdings's highest PS Ratio was 0.71. The lowest was 0.15. And the median was 0.38.
NZSE:STU's PS Ratio is ranked better than 69.79% of 609
companies
in the Steel industry
Industry Median: 0.53
vs NZSE:STU: 0.30
Steel & Tube Holdings 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 Steel & Tube Holdings was -15.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 11.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -4.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -5.00% per year.
During the past 13 years, Steel & Tube Holdings's highest 3-Year average Revenue per Share Growth Rate was 12.40% per year. The lowest was -21.60% per year. And the median was 3.30% per year.
* 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 Steel & Tube Holdings's PS Ratio
For the Steel subindustry, Steel & Tube 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.
Steel & Tube Holdings's PS Ratio Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Steel & Tube Holdings's PS Ratio distribution charts can be found below:
* The bar in red indicates where Steel & Tube Holdings's PS Ratio falls into.
Steel & Tube Holdings 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.
Steel & Tube Holdings's Share Price of today is NZ$0.96.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Steel & Tube Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was NZ$3.18.
* 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:
Steel & Tube Holdings (NZSE:STU) 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.
Steel & Tube Holdings PS Ratio Related Terms
Thank you for viewing the detailed overview of Steel & Tube Holdings's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Steel & Tube Holdings (NZSE:STU) Business Description
Steel & Tube Holdings Ltd is a New Zealand-based company. The company is a provider of steel solutions. It is a distributor and manufacturer of steel products including steel, stainless steel, architectural stainless, pipe, fittings and valves, pipe and cable supports, fastenings, roofing and cladding, and many more. The company's operating segments include Distribution and Infrastructure. It generates maximum revenue from the Distribution segment.
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