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, High Arctic Energy Services's share price is €0.95.
High Arctic Energy Services's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was €0.99. Hence, High Arctic Energy Services's PS Ratio for today is 0.96.
The historical rank and industry rank for High Arctic Energy Services's PS Ratio or its related term are showing as below:
FRA:6LQ'
s PS Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.98 Max: 1.84
Current: 1.02
During the past 13 years, High Arctic Energy Services's highest PS Ratio was 1.84. The lowest was 0.15. And the median was 0.98.
FRA:6LQ's PS Ratio is ranked better than 55.16% of 950
companies
in the Oil & Gas industry
Industry Median: 1.18
vs FRA:6LQ: 1.02
High Arctic Energy Services Inc 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 High Arctic Energy Services was 21.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -11.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -21.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -9.90% per year.
During the past 13 years, High Arctic Energy Services's highest 3-Year average Revenue per Share Growth Rate was 7.80% per year. The lowest was -46.50% per year. And the median was -8.70% per year.
Back to Basics: PS Ratio
High Arctic Energy Services PS Ratio Historical Data
* 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 High Arctic Energy Services's PS Ratio
For the Oil & Gas Equipment & Services subindustry, High Arctic Energy Services'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.
High Arctic Energy Services's PS Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, High Arctic Energy Services's PS Ratio distribution charts can be found below:
* The bar in red indicates where High Arctic Energy Services's PS Ratio falls into.
High Arctic Energy Services 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.
High Arctic Energy Services's Share Price of today is €0.95. High Arctic Energy Services's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.99.
* 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:
High Arctic Energy Services (FRA:6LQ) 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.
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.
High Arctic Energy Services PS Ratio Related Terms
Thank you for viewing the detailed overview of High Arctic Energy Services's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
High Arctic Energy Services (FRA:6LQ) Business Description
High Arctic Energy Services Inc is engaged in providing contract drilling, well servicing, completion services, equipment rentals, and other oilfield services to the oil and natural gas industry in Papua New Guinea and Canada. The operating segments of the company are the Drilling Services segment which consists of drilling services; the Production Services segment which consists of well servicing and snubbing services; the Ancillary Services segment which provides rental equipment, nitrogen transport services, and engineering consulting to various companies within the oil and gas sector and Corporate segment. The Production Services segment generates the company's revenue.
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