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Yokogawa Electric (FRA:YKE) PS Ratio : 1.83 (As of May. 27, 2024)


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What is Yokogawa Electric 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, Yokogawa Electric's share price is €23.80. Yokogawa Electric's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was €13.03. Hence, Yokogawa Electric's PS Ratio for today is 1.83.

Warning Sign:

Yokogawa Electric Corp stock PS Ratio (=2.04) is close to 10-year high of 2.04

The historical rank and industry rank for Yokogawa Electric's PS Ratio or its related term are showing as below:

FRA:YKE' s PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.28   Max: 2.04
Current: 2

During the past 13 years, Yokogawa Electric's highest PS Ratio was 2.04. The lowest was 0.61. And the median was 1.28.

FRA:YKE's PS Ratio is ranked worse than
55.39% of 2977 companies
in the Industrial Products industry
Industry Median: 1.71 vs FRA:YKE: 2.00

Yokogawa Electric's Revenue per Sharefor the three months ended in Dec. 2023 was €3.38. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was €13.03.

Good Sign:

Yokogawa Electric Corp has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Yokogawa Electric was 20.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 13.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was 1.50% per year.

During the past 13 years, Yokogawa Electric's highest 3-Year average Revenue per Share Growth Rate was 13.60% per year. The lowest was -9.30% per year. And the median was 2.50% per year.

Back to Basics: PS Ratio


Yokogawa Electric PS Ratio Historical Data

The historical data trend for Yokogawa Electric'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.

Yokogawa Electric PS Ratio Chart

Yokogawa Electric Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 1.45 1.44 1.26 1.66

Yokogawa Electric Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.26 1.47 1.52 1.34 -

Competitive Comparison of Yokogawa Electric's PS Ratio

For the Specialty Industrial Machinery subindustry, Yokogawa Electric'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.


Yokogawa Electric's PS Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Yokogawa Electric's PS Ratio falls into.



Yokogawa Electric 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.

Yokogawa Electric's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=23.80/13.033
=1.83

Yokogawa Electric's Share Price of today is €23.80.
Yokogawa Electric'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 €13.03.

* 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.


Yokogawa Electric  (FRA:YKE) 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.


Yokogawa Electric PS Ratio Related Terms

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Yokogawa Electric (FRA:YKE) Business Description

Traded in Other Exchanges
Address
2-9-32 Nakacho, Musashino-shi, Tokyo, JPN, 180-8750
Yokogawa Electric Corporation offers systems and solutions for measurement, control, and information technologies. Software, data acquisition instruments, field instruments, and other components compose a diverse product portfolio and allow the company to reach various customers involved in different end-markets. Essentially, the company helps link plant operations and corporate management. It has three business segments: industrial automation (majority of total revenue), control, test and measurement, and aviation and other businesses. In addition to its product offerings, Yokogawa offers consulting and execution services to supply customers with resources to make timely operating decisions. The majority of sales derive from Asia, with Japan being a key region for the company.

Yokogawa Electric (FRA:YKE) Headlines

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