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Mueller Industries (Mueller Industries) PS Ratio

: 1.74 (As of Today)
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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, Mueller Industries's share price is $52.28. Mueller Industries's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $30.10. Hence, Mueller Industries's PS Ratio for today is 1.74.

Warning Sign:

Mueller Industries Inc stock PS Ratio (=1.74) is close to 10-year high of 1.79

The historical rank and industry rank for Mueller Industries's PS Ratio or its related term are showing as below:

MLI' s PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.8   Max: 1.79
Current: 1.74

During the past 13 years, Mueller Industries's highest PS Ratio was 1.79. The lowest was 0.45. And the median was 0.80.

MLI's PS Ratio is ranked worse than
51.78% of 2970 companies
in the Industrial Products industry
Industry Median: 1.64 vs MLI: 1.74

Mueller Industries's Revenue per Sharefor the three months ended in Dec. 2023 was $6.43. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $30.10.

Warning Sign:

Mueller Industries 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 Mueller Industries was -14.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 12.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 10.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 6.20% per year.

During the past 13 years, Mueller Industries's highest 3-Year average Revenue per Share Growth Rate was 37.00% per year. The lowest was -15.00% per year. And the median was 9.80% per year.

Back to Basics: PS Ratio


Mueller Industries PS Ratio Historical Data

The historical data trend for Mueller Industries'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.

Mueller Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.74 0.83 0.89 0.84 1.57

Mueller Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PS Ratio 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 Premium Member Only Premium Member Only Premium Member Only 0.84 1.05 1.34 1.19 1.57

Competitive Comparison

For the Metal Fabrication subindustry, Mueller Industries'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.


Mueller Industries PS Ratio Distribution

For the Industrial Products industry and Industrials sector, Mueller Industries's PS Ratio distribution charts can be found below:

* The bar in red indicates where Mueller Industries's PS Ratio falls into.



Mueller Industries 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.

Mueller Industries's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=52.28/30.102
=1.74

Mueller Industries's Share Price of today is $52.28.
Mueller Industries'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 $30.10.

* 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.


Mueller Industries  (NYSE:MLI) 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.


Mueller Industries PS Ratio Related Terms

Thank you for viewing the detailed overview of Mueller Industries's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mueller Industries (Mueller Industries) Business Description

Traded in Other Exchanges
Address
150 Schilling Boulevard, Suite 100, Collierville, TN, USA, 38017
Mueller Industries Inc makes copper, brass, aluminum, and plastic products. The company reports three business segments: piping systems, industrial metals, and climate. Piping systems, earning most of the company's revenue, produces tubes, fittings, rods, valves, and other products and operates various firms worldwide. The industrial metals segment manufactures impacts and micro-gauge, brass rod and copper bar products, and brass value-added products. The climate segment produces items used to create temperature-control goods, including valves, twisted tubes, coaxial heat exchangers, and others. Numerous systems use the aforementioned products, including HVAC, water distribution, refrigeration, and automotive. Most sales derive from the United States, but the company operates worldwide.
Executives
Steffen Sigloch officer: VP, Mfg and Engineering 8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
John B Hansen officer: President, Mfg Operations 8285 TOURNAMENT DRIVE SUITE 150, MEMPHIS TN 38125
Gregory L. Christopher officer: President - Standard Products 8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
Scott Jay Goldman director 8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
Herzog Charles P Jr director 9581 FOX HILL CIRCLE SOUTH, GERMANTOWN TN 38139
William C. Drummond director 1395 BRICKELL AVENUE, MIAMI FL 33131
Gary S Gladstein director SOROS FUND MANAGEMENT LLC, 888 SEVENTH AVE 3300, NEW YORK NY 10106
Anthony Steinriede officer: VP - Corporate Controller 8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
Gary Westermeyer officer: President, Refrigeration 8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
Gennaro J Fulvio director
Kristee Michelle Ford officer: Chief Information Officer 581 ROCKY JOE DRIVE, COLLIERVILLE TN 38017
Paul J Flaherty director C/O MUELLER INDUSTRIES INC., 8285 TOURNAMENT DRIVE SUITE 150, MEMPHIS TN 38125
Devin Malone officer: President, Streamline 2321 WICKERSHAM CV, GERMANTOWN TN 38139
Christopher Andrew Mitchell officer: President, Canadian Operations 198 PIONEER TOWER ROAD, KITCHENER A6 N2P 2H8
Elizabeth M Donovan director 400 E OHIO STREET, CHICAGO IL 60611