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, Hesai Group's share price is €4.04.
Hesai Group's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was €1.84. Hence, Hesai Group's PS Ratio for today is 2.20.
The historical rank and industry rank for Hesai Group's PS Ratio or its related term are showing as below:
FRA:ZN80'
s PS Ratio Range Over the Past 10 Years
Min: 1.74 Med: 3.27 Max: 5.52
Current: 2.33
During the past 5 years, Hesai Group's highest PS Ratio was 5.52. The lowest was 1.74. And the median was 3.27.
FRA:ZN80's PS Ratio is ranked worse than 77.65% of 1284
companies
in the Vehicles & Parts industry
Industry Median: 0.83
vs FRA:ZN80: 2.33
During the past 12 months, the average Revenue per Share Growth Rate of Hesai Group was 15.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 62.30% per year.
During the past 5 years, Hesai Group's highest 3-Year average Revenue per Share Growth Rate was 62.30% per year. The lowest was 58.20% per year. And the median was 60.25% per year.
Back to Basics: PS Ratio
Hesai Group PS Ratio Historical Data
The historical data trend for Hesai Group'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.
For the Auto Parts subindustry, Hesai Group'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.
Hesai Group's PS Ratio Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hesai Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where Hesai Group's PS Ratio falls into.
Hesai Group 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.
Hesai Group's Share Price of today is €4.04. Hesai Group'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 €1.84.
* 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.
Hesai Group PS Ratio Related Terms
Thank you for viewing the detailed overview of Hesai Group's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Hesai Group is engaged in the development, manufacture, and sales of three dimensional light detection and ranging solutions, or LiDAR. Its LiDAR products enable a broad spectrum of applications across passenger or commercial vehicles with advanced driver assistance systems, or ADAS, autonomous vehicle fleets providing passenger and freight mobility services, or Autonomous Mobility, and other applications such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas, or Robotics. The Group organized its operations into two segments: the LiDAR segment and the gas detection segment.
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