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, Skkynet Cloud Systems's share price is $0.27925.
Skkynet Cloud Systems's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $0.04. Hence, Skkynet Cloud Systems's PS Ratio for today is 6.35.
The historical rank and industry rank for Skkynet Cloud Systems's PS Ratio or its related term are showing as below:
SKKY'
s PS Ratio Range Over the Past 10 Years
Min: 2.89 Med: 20.64 Max: 176.47
Current: 6.35
During the past 13 years, Skkynet Cloud Systems's highest PS Ratio was 176.47. The lowest was 2.89. And the median was 20.64.
SKKY's PS Ratio is ranked worse than 79.19% of 2744
companies
in the Software industry
Industry Median: 2.3
vs SKKY: 6.35
During the past 12 months, the average Revenue per Share Growth Rate of Skkynet Cloud Systems was 22.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 15.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 12.30% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 9.20% per year.
During the past 13 years, Skkynet Cloud Systems's highest 3-Year average Revenue per Share Growth Rate was 15.80% per year. The lowest was -39.20% per year. And the median was 8.70% 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 Skkynet Cloud Systems's PS Ratio
For the Software - Infrastructure subindustry, Skkynet Cloud Systems'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.
Skkynet Cloud Systems's PS Ratio Distribution in the Software Industry
For the Software industry and Technology sector, Skkynet Cloud Systems's PS Ratio distribution charts can be found below:
* The bar in red indicates where Skkynet Cloud Systems's PS Ratio falls into.
Skkynet Cloud Systems 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.
Skkynet Cloud Systems's Share Price of today is $0.27925. Skkynet Cloud Systems's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.04.
* 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:
Skkynet Cloud Systems (OTCPK:SKKY) 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.
Skkynet Cloud Systems PS Ratio Related Terms
Thank you for viewing the detailed overview of Skkynet Cloud Systems's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Skkynet Cloud Systems (Skkynet Cloud Systems) Business Description
Skkynet Cloud Systems Inc is an industrial middleware vendor company. It provides connectivity and data acquisition to a wide variety of industrial and office hardware and software products. The company's Skkynet Connected Systems platform includes the SkkyHub service, DataHub, Skkynet Vine, and Embedded Toolkit software. The platform enables real-time data connectivity for industrial, embedded, and financial systems. The company provides three types of cloud services: remotely hosted cloud systems and locally hosted cloud systems or a hybrid of the two. The business serves North America, Europe, Asia Pacific, and South America globally.
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