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, Top Glove Bhd's share price is $0.1274.
Top Glove Bhd's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2024 was $0.06. Hence, Top Glove Bhd's PS Ratio for today is 2.32.
The historical rank and industry rank for Top Glove Bhd's PS Ratio or its related term are showing as below:
TPGVF'
s PS Ratio Range Over the Past 10 Years
Min: 0.9 Med: 2.24 Max: 15.03
Current: 3.24
During the past 13 years, Top Glove Bhd's highest PS Ratio was 15.03. The lowest was 0.90. And the median was 2.24.
TPGVF's PS Ratio is ranked worse than 51.3% of 809
companies
in the Medical Devices & Instruments industry
Industry Median: 3.09
vs TPGVF: 3.24
Top Glove Bhd's Revenue per Sharefor the
three
months ended in Feb. 2024 was $0.01.
Its Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2024 was $0.06.
Warning Sign:
Top Glove Corp Bhd 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 Top Glove Bhd was -44.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -32.00% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -5.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 9.70% per year.
During the past 13 years, Top Glove Bhd's highest 3-Year average Revenue per Share Growth Rate was 54.30% per year. The lowest was -32.00% per year. And the median was 13.15% per year.
Back to Basics: PS Ratio
Top Glove Bhd PS Ratio Historical Data
The historical data trend for Top Glove Bhd'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.
Top Glove Bhd Annual Data
Trend
Aug14
Aug15
Aug16
Aug17
Aug18
Aug19
Aug20
Aug21
Aug22
Aug23
PS Ratio
2.62
9.78
1.97
1.16
2.71
Top Glove Bhd Quarterly Data
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
May23
Aug23
Nov23
Feb24
PS Ratio
1.62
3.30
2.71
3.07
3.14
Competitive Comparison
For the Medical Instruments & Supplies subindustry, Top Glove Bhd'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.
Top Glove Bhd PS Ratio Distribution
For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's PS Ratio distribution charts can be found below:
* The bar in red indicates where Top Glove Bhd's PS Ratio falls into.
Top Glove Bhd 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.
Top Glove Bhd's PS Ratio for today is calculated as
Top Glove Bhd's Share Price of today is $0.1274.
Top Glove Bhd's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.06.
* 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.
Top Glove Bhd PS Ratio Related Terms
Thank you for viewing the detailed overview of Top Glove Bhd's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Top Glove Bhd (Top Glove Bhd) Business Description
Top Glove Corp Bhd manufactures and sells gloves through several product lines to a diverse group of world-wide customers. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. Top Glove's products are utilized in an array of end markets such as aerospace, food, Personal care, medical care, oral care and home care. Traditionally, the company has derived over half of its sales from its nitrile and powdered latex product lines, with customers in North America and Europe generating the majority demand.
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