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Solstad Offshore ASA (OSL:SOFF) PS Ratio : 0.43 (As of Apr. 30, 2024)


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What is Solstad Offshore ASA 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, Solstad Offshore ASA's share price is kr42.70. Solstad Offshore ASA's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was kr98.35. Hence, Solstad Offshore ASA's PS Ratio for today is 0.43.

Warning Sign:

Solstad Offshore ASA stock PS Ratio (=0.43) is close to 1-year high of 0.45

The historical rank and industry rank for Solstad Offshore ASA's PS Ratio or its related term are showing as below:

OSL:SOFF' s PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.25   Max: 1.38
Current: 0.44

During the past 13 years, Solstad Offshore ASA's highest PS Ratio was 1.38. The lowest was 0.02. And the median was 0.25.

OSL:SOFF's PS Ratio is ranked better than
75.28% of 971 companies
in the Transportation industry
Industry Median: 0.98 vs OSL:SOFF: 0.44

Solstad Offshore ASA's Revenue per Sharefor the three months ended in Sep. 2023 was kr21.01. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was kr98.35.

Warning Sign:

Solstad Offshore ASA 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 Solstad Offshore ASA was 63.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 68.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was -64.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was -54.20% per year.

During the past 13 years, Solstad Offshore ASA's highest 3-Year average Revenue per Share Growth Rate was 68.90% per year. The lowest was -91.50% per year. And the median was 7.35% per year.

Back to Basics: PS Ratio


Solstad Offshore ASA PS Ratio Historical Data

The historical data trend for Solstad Offshore ASA'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.

Solstad Offshore ASA PS Ratio Chart

Solstad Offshore ASA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 57.13 - 0.08 0.43

Solstad Offshore ASA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.29 0.43 0.36 0.24 0.28

Competitive Comparison of Solstad Offshore ASA's PS Ratio

For the Marine Shipping subindustry, Solstad Offshore ASA'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.


Solstad Offshore ASA's PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Solstad Offshore ASA's PS Ratio distribution charts can be found below:

* The bar in red indicates where Solstad Offshore ASA's PS Ratio falls into.



Solstad Offshore ASA 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.

Solstad Offshore ASA's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=42.70/98.346
=0.43

Solstad Offshore ASA's Share Price of today is kr42.70.
Solstad Offshore ASA's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr98.35.

* 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.


Solstad Offshore ASA  (OSL:SOFF) 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.


Solstad Offshore ASA PS Ratio Related Terms

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Solstad Offshore ASA (OSL:SOFF) Business Description

Traded in Other Exchanges
Address
Nesavegen 39, Skudeneshavn, NOR, 4280
Solstad Offshore ASA is an owner and operator of offshore service vessels, offering maritime services to the petroleum and renewable energy industries. Its operating segments include AHTS: anchor handling vessels; PSV: platform supply vessels; Subsea, which includes construction vessels operating subsea construction contracts; and Renewable segment includes vessels operating renewable contracts. The company generates the majority of its revenue from the Subsea segment.

Solstad Offshore ASA (OSL:SOFF) Headlines

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