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, Tourism Holdings's share price is NZ$2.93.
Tourism Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was NZ$3.91. Hence, Tourism Holdings's PS Ratio for today is 0.75.
Good Sign:
Tourism Holdings Ltd stock PS Ratio (=0.84) is close to 3-year low of 0.84
The historical rank and industry rank for Tourism Holdings's PS Ratio or its related term are showing as below:
NZSE:THL'
s PS Ratio Range Over the Past 10 Years
Min: 0.22 Med: 1.03 Max: 2.35
Current: 0.75
During the past 13 years, Tourism Holdings's highest PS Ratio was 2.35. The lowest was 0.22. And the median was 1.03.
NZSE:THL's PS Ratio is ranked better than 53.31% of 1283
companies
in the Vehicles & Parts industry
Industry Median: 0.85
vs NZSE:THL: 0.75
Tourism Holdings Ltd 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 Tourism Holdings was 39.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 6.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -3.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 3.50% per year.
During the past 13 years, Tourism Holdings's highest 3-Year average Revenue per Share Growth Rate was 18.30% per year. The lowest was -15.30% per year. And the median was 2.20% per year.
Back to Basics: PS Ratio
Tourism Holdings PS Ratio Historical Data
The historical data trend for Tourism Holdings'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 Tourism Holdings's PS Ratio
For the Recreational Vehicles subindustry, Tourism Holdings'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.
Tourism Holdings's PS Ratio Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tourism Holdings's PS Ratio distribution charts can be found below:
* The bar in red indicates where Tourism Holdings's PS Ratio falls into.
Tourism Holdings 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.
Tourism Holdings's Share Price of today is NZ$2.93.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tourism Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was NZ$3.91.
* 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.
Tourism Holdings PS Ratio Related Terms
Thank you for viewing the detailed overview of Tourism Holdings's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Tourism Holdings Ltd is a New Zealand-based company engaged in the design, manufacture, rental, and sale of motorhomes and other tourism-related activities. The company operates in the following segments namely New Zealand Rentals; Action Manufacturing; Tourism Group; Australia Rentals; United States Rentals and other. It generates maximum revenue from United States Rentals segment. United States Rentals segment includes rental and sale of Road Bear, Britz, Mighty and El Monte RVs.
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