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, Yang Ming Marine Transport's share price is NT$50.60.
Yang Ming Marine Transport's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was NT$40.86. Hence, Yang Ming Marine Transport's PS Ratio for today is 1.24.
The historical rank and industry rank for Yang Ming Marine Transport's PS Ratio or its related term are showing as below:
TPE:2609'
s PS Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.28 Max: 2.94
Current: 1.23
During the past 13 years, Yang Ming Marine Transport's highest PS Ratio was 2.94. The lowest was 0.09. And the median was 0.28.
TPE:2609's PS Ratio is ranked worse than 56.02% of 971
companies
in the Transportation industry
Industry Median: 1
vs TPE:2609: 1.23
Yang Ming Marine Transport Corp revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of Yang Ming Marine Transport was -62.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -3.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 3.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -2.50% per year.
During the past 13 years, Yang Ming Marine Transport's highest 3-Year average Revenue per Share Growth Rate was 22.90% per year. The lowest was -13.50% per year. And the median was -3.90% per year.
Back to Basics: PS Ratio
Yang Ming Marine Transport PS Ratio Historical Data
* 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 Yang Ming Marine Transport's PS Ratio
For the Marine Shipping subindustry, Yang Ming Marine Transport'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.
Yang Ming Marine Transport's PS Ratio Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Yang Ming Marine Transport's PS Ratio distribution charts can be found below:
* The bar in red indicates where Yang Ming Marine Transport's PS Ratio falls into.
Yang Ming Marine Transport 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.
Yang Ming Marine Transport's Share Price of today is NT$50.60. Yang Ming Marine Transport's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$40.86.
* 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:
Yang Ming Marine Transport (TPE:2609) 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.
Yang Ming Marine Transport PS Ratio Related Terms
Thank you for viewing the detailed overview of Yang Ming Marine Transport's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Yang Ming Marine Transport (TPE:2609) Business Description
Yang Ming Marine Transport Corp is a transportation and logistics company that is headquartered in Taiwan and operates in the container shipping industry. The company has three segments: containership, bulk shipping, and others. It generates revenue from contracts with customers for providing domestic and overseas marine container shipping and passenger services. The company also earns revenue from operating leases on ships, containers, and warehouses. It earns the largest portion of its sales from customers in America, followed by Europe and Asia.
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