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, Intrepid Potash's share price is $20.78.
Intrepid Potash's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $21.74. Hence, Intrepid Potash's PS Ratio for today is 0.96.
The historical rank and industry rank for Intrepid Potash's PS Ratio or its related term are showing as below:
IPI'
s PS Ratio Range Over the Past 10 Years
Min: 0.29 Med: 1.81 Max: 4.97
Current: 0.96
During the past 13 years, Intrepid Potash's highest PS Ratio was 4.97. The lowest was 0.29. And the median was 1.81.
IPI's PS Ratio is ranked better than 59.24% of 238
companies
in the Agriculture industry
Industry Median: 1.13
vs IPI: 0.96
Intrepid Potash 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 Intrepid Potash was -12.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 13.00% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 9.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -8.40% per year.
During the past 13 years, Intrepid Potash's highest 3-Year average Revenue per Share Growth Rate was 18.80% per year. The lowest was -70.20% per year. And the median was -2.30% per year.
Back to Basics: PS Ratio
Intrepid Potash PS Ratio Historical Data
The historical data trend for Intrepid Potash'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 Intrepid Potash's PS Ratio
For the Agricultural Inputs subindustry, Intrepid Potash'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.
Intrepid Potash's PS Ratio Distribution in the Agriculture Industry
For the Agriculture industry and Basic Materials sector, Intrepid Potash's PS Ratio distribution charts can be found below:
* The bar in red indicates where Intrepid Potash's PS Ratio falls into.
Intrepid Potash 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.
Intrepid Potash's Share Price of today is $20.78. Intrepid Potash'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 $21.74.
* 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.
Intrepid Potash PS Ratio Related Terms
Thank you for viewing the detailed overview of Intrepid Potash's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Intrepid Potash (Intrepid Potash) Business Description
Intrepid Potash Inc produces and sells potash and potash byproducts in three main product segments: Potash, Trio, and Oilfield solutions. The Potash segment produces and sells potash to the agricultural industry as a fertilizer input, the industrial market as a component of oil and gas drilling fluid, and the animal feed market as a nutrient supplement. The Trio segment produces and sells specialty fertilizer that consists of potassium, sulfate, and magnesium, and is mined from langbeinite ore. The oilfield solutions segment offers water, high-speed potassium chloride mixing services, salt water disposal services, and trucking services. The vast majority of revenue is generated in the United States, which is also the location of the firm's production facilities.
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