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Singing Machine Co (Singing Machine Co) PS Ratio : 0.13 (As of May. 02, 2024)


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What is Singing Machine Co 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, Singing Machine Co's share price is $1.035. Singing Machine Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $7.71. Hence, Singing Machine Co's PS Ratio for today is 0.13.

The historical rank and industry rank for Singing Machine Co's PS Ratio or its related term are showing as below:

MICS' s PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.24   Max: 0.51
Current: 0.15

During the past 13 years, Singing Machine Co's highest PS Ratio was 0.51. The lowest was 0.08. And the median was 0.24.

MICS's PS Ratio is ranked better than
96.74% of 2455 companies
in the Hardware industry
Industry Median: 1.51 vs MICS: 0.15

Singing Machine Co's Revenue per Sharefor the three months ended in Dec. 2023 was $2.19. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $7.71.

Warning Sign:

Singing Machine Co 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 Singing Machine Co was -47.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was -22.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was -16.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was -2.50% per year.

During the past 13 years, Singing Machine Co's highest 3-Year average Revenue per Share Growth Rate was 47.50% per year. The lowest was -49.20% per year. And the median was -9.40% per year.

Back to Basics: PS Ratio


Singing Machine Co PS Ratio Historical Data

The historical data trend for Singing Machine 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.

* Premium members only.

Singing Machine Co PS Ratio Chart

Singing Machine Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.14 0.35 0.14 0.11

Singing Machine Co 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 0.30 0.11 0.15 0.13 0.13

Competitive Comparison of Singing Machine Co's PS Ratio

For the Consumer Electronics subindustry, Singing Machine 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.


Singing Machine Co's PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Singing Machine Co's PS Ratio distribution charts can be found below:

* The bar in red indicates where Singing Machine Co's PS Ratio falls into.



Singing Machine 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.

Singing Machine Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1.035/7.714
=0.13

Singing Machine Co's Share Price of today is $1.035.
Singing Machine 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 $7.71.

* 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.


Singing Machine Co  (NAS:MICS) 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.


Singing Machine Co PS Ratio Related Terms

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Singing Machine Co (Singing Machine Co) Business Description

Traded in Other Exchanges
N/A
Address
6301 NW 5th Way, Suite 2900, Fort Lauderdale, FL, USA, 33309
Singing Machine Co Inc is engaged in the development, production, marketing and distribution of consumer karaoke audio equipment, toy products, accessories, music, and audio consumer electronic products. It contracts for the manufacturing of all its electronic equipment products with factories located in China. The company has also collaborated with a music content service provider that allows the company to offer karaoke downloads and streaming subscription services. This collaboration provides the company with a distribution platform for digital music sales and subscriptions and music sales to customers. Geographically, it derives a majority of revenue from North America and also has a presence in Europe; Asia, and Australia.
Executives
Jay B Foreman director 6301 NW 5TH WAY,, SUITE 2900, FORT LAUDERDALE FL 33309
Stingray Group Inc. 10 percent owner 730 WELLINGTON STREET, MONTREAL A8 H3C 1T4
Ault Milton C Iii 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Henry Carl Nisser director 100 PARK AVENUE, SUITE 1658A, NEW YORK NY 10017
James Michael Turner director 1800 HICKORY RIDGE DRIVE, WAXHAW NC 28173
Kenneth S Cragun director 3775 CHIPPEWA CIRCLE, CORONA CA 92881
Mathieu Peloquin director 730 WELLINGTON STREET, MONTREAL A8 H3C 1T4
Eric Boyko 10 percent owner 730 WELLINGTON STREET, MONTREAL A8 H3C 1T4
Bernardo Melo officer: VP Sales 6601 LYONS ROAD, BUILDING A 7, COCONUT CREEK FL 33073
Joseph Kling director 5846 NW 24TH AVENUE (UNIT #203), BOCA RATON FL 33496
Lau Sak Hong Aka Philip Lau director SHING DAO INDUSTRIAL BUILDING SECURITIES, 232 ABERDEEN MAIN ROAD 5TH FLO K3 00000
Gary Kevin Atkinson officer: Secretary 1266 S MILITARY TRAIL, APT 5314, DEERFIELD BEACH FL 33442
Carol Lau director THE SINGING MACHINE COMPANY INC, 6601 LYONS ROAD BUILDING A 7, COCONUT CREEK FL 33073
Anton Handal officer: CEO 425 TYRONE STREET, EL CAJON CA 92020