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, Axon Enterprise's share price is $313.30.
Axon Enterprise's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $20.70. Hence, Axon Enterprise's PS Ratio for today is 15.13.
Warning Sign:
Axon Enterprise Inc stock PS Ratio (=14.88) is close to 3-year high of 15.31
The historical rank and industry rank for Axon Enterprise's PS Ratio or its related term are showing as below:
AXON'
s PS Ratio Range Over the Past 10 Years
Min: 3.43 Med: 8 Max: 17.85
Current: 15.17
During the past 13 years, Axon Enterprise's highest PS Ratio was 17.85. The lowest was 3.43. And the median was 8.00.
AXON's PS Ratio is ranked worse than 93.4% of 303
companies
in the Aerospace & Defense industry
Industry Median: 2.07
vs AXON: 15.17
During the past 12 months, the average Revenue per Share Growth Rate of Axon Enterprise was 26.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 23.40% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 23.10% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 23.30% per year.
During the past 13 years, Axon Enterprise's highest 3-Year average Revenue per Share Growth Rate was 79.10% per year. The lowest was -3.20% per year. And the median was 22.90% per year.
Back to Basics: PS Ratio
Axon Enterprise PS Ratio Historical Data
The historical data trend for Axon Enterprise'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 Axon Enterprise's PS Ratio
For the Aerospace & Defense subindustry, Axon Enterprise'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.
Axon Enterprise's PS Ratio Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's PS Ratio distribution charts can be found below:
* The bar in red indicates where Axon Enterprise's PS Ratio falls into.
Axon Enterprise 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.
Axon Enterprise's Share Price of today is $313.30. Axon Enterprise'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 $20.70.
* 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:
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.
Axon Enterprise PS Ratio Related Terms
Thank you for viewing the detailed overview of Axon Enterprise's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Axon Enterprise (Axon Enterprise) Business Description
Axon Enterprise Inc develops, manufactures, and sells conducted energy devices and cloud-based digital evidence management software designed for use by law enforcement, corrections, military forces, private security personnel, and private individuals for personal defense. The company operates in two segments: Taser and software & sensors. Taser develops and sells CEDs used for protecting users and virtual reality training. Software and sensors manufacture fully integrated hardware and cloud-based software solutions such as body cameras, automated license plate reading, and digital evidence management systems. Axon delivers its products worldwide and gets most of its revenue from the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AXON has been successfully added to your 