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, China Oilfield Services's share price is ¥17.91.
China Oilfield Services's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥9.58. Hence, China Oilfield Services's PS Ratio for today is 1.87.
Warning Sign:
China Oilfield Services Ltd stock PS Ratio (=1.87) is close to 1-year high of 2.07
The historical rank and industry rank for China Oilfield Services's PS Ratio or its related term are showing as below:
SHSE:601808'
s PS Ratio Range Over the Past 10 Years
Min: 1.54 Med: 2.62 Max: 4.48
Current: 1.87
During the past 13 years, China Oilfield Services's highest PS Ratio was 4.48. The lowest was 1.54. And the median was 2.62.
SHSE:601808's PS Ratio is ranked worse than 63.09% of 951
companies
in the Oil & Gas industry
Industry Median: 1.16
vs SHSE:601808: 1.87
During the past 12 months, the average Revenue per Share Growth Rate of China Oilfield Services was 22.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 15.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 11.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 4.30% per year.
During the past 13 years, China Oilfield Services's highest 3-Year average Revenue per Share Growth Rate was 36.30% per year. The lowest was -20.00% per year. And the median was 15.10% 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 China Oilfield Services's PS Ratio
For the Oil & Gas Equipment & Services subindustry, China Oilfield Services'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.
China Oilfield Services's PS Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, China Oilfield Services's PS Ratio distribution charts can be found below:
* The bar in red indicates where China Oilfield Services's PS Ratio falls into.
China Oilfield Services 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.
China Oilfield Services's Share Price of today is ¥17.91. China Oilfield Services's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥9.58.
* 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:
China Oilfield Services (SHSE:601808) 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.
China Oilfield Services PS Ratio Related Terms
Thank you for viewing the detailed overview of China Oilfield Services's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
China Oilfield Services (SHSE:601808) Business Description
China Oilfield Services Ltd is engaged in the provision of oilfield services including drilling services, well services, marine support services, and geophysical acquisition and surveying services. It operates in four segments; the drilling services segment offers oilfield drilling services, the well services segment offers logging and downhole services, the marine support services segment is engaged in the transportation of materials, supplies, and personnel to offshore facilities, moving and positioning drilling structures, and the geophysical acquisition and surveying services segment is engaged in the provision of offshore seismic data acquisition and marine surveying.
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