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, Callon Petroleum Co's share price is $35.76.
Callon Petroleum Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $36.17. Hence, Callon Petroleum Co's PS Ratio for today is 0.99.
Warning Sign:
Callon Petroleum Co stock PS Ratio (=0.99) is close to 1-year high of 1.02
The historical rank and industry rank for Callon Petroleum Co's PS Ratio or its related term are showing as below:
CPE'
s PS Ratio Range Over the Past 10 Years
Min: 0.15 Med: 2.04 Max: 10.67
Current: 0.99
During the past 13 years, Callon Petroleum Co's highest PS Ratio was 10.67. The lowest was 0.15. And the median was 2.04.
CPE's PS Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.17
vs CPE: 0.99
Callon Petroleum Co revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Callon Petroleum Co was -30.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 11.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 11.10% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 6.60% per year.
During the past 13 years, Callon Petroleum Co's highest 3-Year average Revenue per Share Growth Rate was 22.00% per year. The lowest was -27.60% per year. And the median was 3.55% per year.
Back to Basics: PS Ratio
Callon Petroleum Co PS Ratio Historical Data
The historical data trend for Callon Petroleum Co'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 Callon Petroleum Co's PS Ratio
For the Oil & Gas E&P subindustry, Callon Petroleum Co'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.
Callon Petroleum Co's PS Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Callon Petroleum Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Callon Petroleum Co's PS Ratio falls into.
Callon Petroleum Co 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.
Callon Petroleum Co's Share Price of today is $35.76. Callon Petroleum Co'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 $36.17.
* 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:
Callon Petroleum Co (NYSE:CPE) 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.
Callon Petroleum Co PS Ratio Related Terms
Thank you for viewing the detailed overview of Callon Petroleum Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Callon Petroleum Co (Callon Petroleum Co) Business Description
Callon Petroleum Company engages in the exploration, development, acquisition, and production of oil and natural gas. Activities are primarily conducted in the Permian Basin region of West Texas and southeastern New Mexico. Callon relies heavily on the latest horizontal production techniques to extract hydrocarbon products from its assets, with crude oil accounting for over half of production. Historically, a handful of marketing and trading companies have accounted for the majority of the sales for Callon's oil and gas production. Assets are acquired through the drilling of emerging zones on existing acreage but also by acquiring additional locations through leasehold purchases, leasing programs, joint ventures, and asset swaps.
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