GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » SLANG Worldwide Inc (XCNQ:SLNG) » Definitions » PS Ratio

SLANG Worldwide (XCNQ:SLNG) PS Ratio : 0.18 (As of May. 29, 2024)


View and export this data going back to 2019. Start your Free Trial

What is SLANG Worldwide PS Ratio?

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, SLANG Worldwide's share price is C$0.035. SLANG Worldwide's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.19. Hence, SLANG Worldwide's PS Ratio for today is 0.18.

Warning Sign:

SLANG Worldwide Inc stock PS Ratio (=0.22) is close to 1-year high of 0.23

The historical rank and industry rank for SLANG Worldwide's PS Ratio or its related term are showing as below:

XCNQ:SLNG' s PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 1.33   Max: 118.52
Current: 0.21

During the past 7 years, SLANG Worldwide's highest PS Ratio was 118.52. The lowest was 0.07. And the median was 1.33.

XCNQ:SLNG's PS Ratio is ranked better than
95.6% of 999 companies
in the Drug Manufacturers industry
Industry Median: 2.17 vs XCNQ:SLNG: 0.21

SLANG Worldwide's Revenue per Sharefor the three months ended in Dec. 2023 was C$0.04. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.19.

Warning Sign:

SLANG Worldwide Inc 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 SLANG Worldwide was -50.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was -26.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was -1.80% per year.

During the past 7 years, SLANG Worldwide's highest 3-Year average Revenue per Share Growth Rate was 48.10% per year. The lowest was -26.80% per year. And the median was -20.80% per year.

Back to Basics: PS Ratio


SLANG Worldwide PS Ratio Historical Data

The historical data trend for SLANG Worldwide'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.

* Premium members only.

SLANG Worldwide PS Ratio Chart

SLANG Worldwide Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial 3.75 4.04 0.94 0.11 0.19

SLANG Worldwide Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.10 0.13 0.23 0.19

Competitive Comparison of SLANG Worldwide's PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, SLANG Worldwide'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.


SLANG Worldwide's PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, SLANG Worldwide's PS Ratio distribution charts can be found below:

* The bar in red indicates where SLANG Worldwide's PS Ratio falls into.



SLANG Worldwide 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.

SLANG Worldwide's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.035/0.193
=0.18

SLANG Worldwide's Share Price of today is C$0.035.
SLANG Worldwide'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 C$0.19.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


SLANG Worldwide  (XCNQ:SLNG) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


SLANG Worldwide PS Ratio Related Terms

Thank you for viewing the detailed overview of SLANG Worldwide's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


SLANG Worldwide (XCNQ:SLNG) Business Description

Traded in Other Exchanges
Address
50 Carroll Street, Toronto, ON, CAN, M4M 3G3
SLANG Worldwide Inc is a cannabis-focused consumer packaged goods company. It is focused on acquiring and developing regional brands, as well as creating new brands to meet the needs of cannabis consumers. It operates in two reportable segments Core Markets, and Emerging Markets, and the majority of its revenue comes from the Core Market. Geographically it operates in Canada and the U.S. It derives the majority of its revenue from the U.S. Its brand portfolio involves, Firefly, O.pen, and Alchemy Naturals.
Executives
Christopher Lee Driessen Director, Senior Officer