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LG Energy Solution (XKRX:373220) PS Ratio : 2.58 (As of Apr. 28, 2024)


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What is LG Energy Solution 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, LG Energy Solution's share price is ₩372000.00. LG Energy Solution's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₩144,208.93. Hence, LG Energy Solution's PS Ratio for today is 2.58.

Good Sign:

LG Energy Solution Ltd stock PS Ratio (=2.54) is close to 3-year low of 2.54

The historical rank and industry rank for LG Energy Solution's PS Ratio or its related term are showing as below:

XKRX:373220' s PS Ratio Range Over the Past 10 Years
Min: 2.54   Med: 4.55   Max: 6.52
Current: 2.57

During the past 4 years, LG Energy Solution's highest PS Ratio was 6.52. The lowest was 2.54. And the median was 4.55.

XKRX:373220's PS Ratio is ranked worse than
64.51% of 2970 companies
in the Industrial Products industry
Industry Median: 1.66 vs XKRX:373220: 2.57

LG Energy Solution's Revenue per Sharefor the three months ended in Dec. 2023 was ₩34,191.21. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₩144,208.93.

During the past 12 months, the average Revenue per Share Growth Rate of LG Energy Solution was 30.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 170.20% per year.

During the past 4 years, LG Energy Solution's highest 3-Year average Revenue per Share Growth Rate was 170.20% per year. The lowest was 170.20% per year. And the median was 170.20% per year.

Back to Basics: PS Ratio


LG Energy Solution PS Ratio Historical Data

The historical data trend for LG Energy Solution'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.

LG Energy Solution PS Ratio Chart

LG Energy Solution Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PS Ratio
- - 3.95 2.96

LG Energy Solution Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.95 4.56 3.84 3.25 2.96

Competitive Comparison of LG Energy Solution's PS Ratio

For the Specialty Industrial Machinery subindustry, LG Energy Solution'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.


LG Energy Solution's PS Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where LG Energy Solution's PS Ratio falls into.



LG Energy Solution 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.

LG Energy Solution's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=372000.00/144208.926
=2.58

LG Energy Solution's Share Price of today is ₩372000.00.
LG Energy Solution'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 ₩144,208.93.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


LG Energy Solution  (XKRX:373220) 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.


LG Energy Solution PS Ratio Related Terms

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LG Energy Solution (XKRX:373220) Business Description

Traded in Other Exchanges
N/A
Address
Yeongdeungpo-gu, Yeoui-daero, Seoul, KOR
LG Energy Solution, or LGES, is the third-largest battery maker for electric vehicles, or EVs, with about 14% global share in the first half of 2023, according to SNE Research. The EV battery segment is the largest revenue contributor, which accounted for close to 60% of total revenue in 2022. Besides EV batteries, LGES also manufactures batteries for mobility, mobile phones, laptops, electrical devices, and energy storage systems. The company was spun off from LG Chem's battery division in December 2020 and listed on the Korea Exchange in January 2022. It has global manufacturing facilities in Korea, China, Poland and the United States. Key customers include General Motors, Tesla, Volkswagen, Hyundai Motors and Stellantis.

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