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, Genco Shipping & Trading's share price is $21.23.
Genco Shipping & Trading's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $8.93. Hence, Genco Shipping & Trading's PS Ratio for today is 2.38.
Warning Sign:
Genco Shipping & Trading Ltd stock PS Ratio (=2.37) is close to 5-year high of 2.4
The historical rank and industry rank for Genco Shipping & Trading's PS Ratio or its related term are showing as below:
GNK'
s PS Ratio Range Over the Past 10 Years
Min: 0.2 Med: 1.19 Max: 3.35
Current: 2.38
During the past 13 years, Genco Shipping & Trading's highest PS Ratio was 3.35. The lowest was 0.20. And the median was 1.19.
GNK's PS Ratio is ranked worse than 74.92% of 973
companies
in the Transportation industry
Industry Median: 0.96
vs GNK: 2.38
During the past 13 years, Genco Shipping & Trading's highest 3-Year average Revenue per Share Growth Rate was 269.40% per year. The lowest was -29.20% per year. And the median was 1.90% per year.
* 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 Genco Shipping & Trading's PS Ratio
For the Marine Shipping subindustry, Genco Shipping & Trading'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.
Genco Shipping & Trading's PS Ratio Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Genco Shipping & Trading's PS Ratio distribution charts can be found below:
* The bar in red indicates where Genco Shipping & Trading's PS Ratio falls into.
Genco Shipping & Trading 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.
Genco Shipping & Trading's Share Price of today is $21.23. Genco Shipping & Trading'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 $8.93.
* 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:
Genco Shipping & Trading (NYSE:GNK) 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.
Genco Shipping & Trading PS Ratio Related Terms
Thank you for viewing the detailed overview of Genco Shipping & Trading's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Genco Shipping & Trading (Genco Shipping & Trading) Business Description
Genco Shipping & Trading Ltd is an international shipping company specializing in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It is involved in the ocean transportation of drybulk cargoes. The company operates in one segment, the ocean transportation of drybulk cargoes through the ownership and operation of drybulk carrier vessels. It generates revenue through time charter agreements, spot market voyage charters, pool agreements and spot market-related time charters.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GNK has been successfully added to your 