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, Surge Components's share price is $2.70.
Surge Components's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2024 was $5.98. Hence, Surge Components's PS Ratio for today is 0.45.
Warning Sign:
Surge Components Inc stock PS Ratio (=0.47) is close to 2-year high of 0.5
The historical rank and industry rank for Surge Components's PS Ratio or its related term are showing as below:
SPRS'
s PS Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.31 Max: 0.58
Current: 0.45
During the past 13 years, Surge Components's highest PS Ratio was 0.58. The lowest was 0.10. And the median was 0.31.
SPRS's PS Ratio is ranked better than 82.98% of 2456
companies
in the Hardware industry
Industry Median: 1.53
vs SPRS: 0.45
Surge Components Inc revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Surge Components was -32.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 3.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 4.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 12.80% per year.
During the past 13 years, Surge Components's highest 3-Year average Revenue per Share Growth Rate was 49.90% per year. The lowest was -44.10% per year. And the median was 7.05% per year.
Back to Basics: PS Ratio
Surge Components PS Ratio Historical Data
The historical data trend for Surge Components'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 Surge Components's PS Ratio
For the Electronics & Computer Distribution subindustry, Surge Components'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.
Surge Components's PS Ratio Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Surge Components's PS Ratio distribution charts can be found below:
* The bar in red indicates where Surge Components's PS Ratio falls into.
Surge Components 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.
Surge Components's Share Price of today is $2.70. Surge Components's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.98.
* 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:
Surge Components (OTCPK:SPRS) 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.
Surge Components PS Ratio Related Terms
Thank you for viewing the detailed overview of Surge Components's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Surge Components (Surge Components) Business Description
Surge Components Inc is a supplier of electronic products and components. The company's products include capacitors, which are electrical energy storage devices, and discrete components, such as rectifiers, transistors, and diodes. Its marketed products are utilized in the electronic circuitry of products, comprising of automobiles, telecom, audio, cellular telephones, computers, consumer electronics, garage door openers, household appliances, power supplies and security equipment. In addition, the company's products are also sold to original equipment manufacturers and distributors.
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