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Tritax Big Box REIT (LSE:BBOX) PS Ratio : 26.02 (As of May. 06, 2024)


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What is Tritax Big Box REIT 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, Tritax Big Box REIT's share price is £1.587. Tritax Big Box REIT's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was £0.06. Hence, Tritax Big Box REIT's PS Ratio for today is 26.02.

Warning Sign:

Tritax Big Box REIT PLC stock PS Ratio (=26.45) is close to 10-year high of 28.08

The historical rank and industry rank for Tritax Big Box REIT's PS Ratio or its related term are showing as below:

LSE:BBOX' s PS Ratio Range Over the Past 10 Years
Min: 2.33   Med: 7.51   Max: 28.08
Current: 26.02

During the past 10 years, Tritax Big Box REIT's highest PS Ratio was 28.08. The lowest was 2.33. And the median was 7.51.

LSE:BBOX's PS Ratio is ranked worse than
95.04% of 827 companies
in the REITs industry
Industry Median: 6.53 vs LSE:BBOX: 26.02

Tritax Big Box REIT's Revenue per Sharefor the six months ended in Dec. 2023 was £-0.01. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was £0.06.

Warning Sign:

Tritax Big Box REIT PLC revenue per share has been in decline over the past 3 years.

During the past 3 years, the average Revenue per Share Growth Rate was -40.50% per year.

During the past 10 years, Tritax Big Box REIT's highest 3-Year average Revenue per Share Growth Rate was 45.20% per year. The lowest was -40.50% per year. And the median was -5.30% per year.

Back to Basics: PS Ratio


Tritax Big Box REIT PS Ratio Historical Data

The historical data trend for Tritax Big Box REIT'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.

Tritax Big Box REIT PS Ratio Chart

Tritax Big Box REIT Annual Data
Trend Feb13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.66 5.89 4.45 - 28.15

Tritax Big Box REIT Semi-Annual Data
Feb13 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.45 - - - 28.15

Competitive Comparison of Tritax Big Box REIT's PS Ratio

For the REIT - Industrial subindustry, Tritax Big Box REIT'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.


Tritax Big Box REIT's PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Tritax Big Box REIT's PS Ratio distribution charts can be found below:

* The bar in red indicates where Tritax Big Box REIT's PS Ratio falls into.



Tritax Big Box REIT 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.

Tritax Big Box REIT's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1.587/0.061
=26.02

Tritax Big Box REIT's Share Price of today is £1.587.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tritax Big Box REIT's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Tritax Big Box REIT  (LSE:BBOX) 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.


Tritax Big Box REIT PS Ratio Related Terms

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Tritax Big Box REIT (LSE:BBOX) Business Description

Traded in Other Exchanges
Address
6 Duke Street, 3rd Floor, St. James's, London, GBR, SW1Y 6BN
Tritax Big Box REIT PLC is a UK based real estate investment trust. With the focus on the acquisition and management of large-scale logistics real estate Tritax operates in the Investment Property segment. It owns and operates big boxes stores which also serves as the breakdown point for bulk palleted deliveries and are often port-centric in their location focus. The customers it caters operate in the business of retail, logistics, consumer products and automotive.

Tritax Big Box REIT (LSE:BBOX) Headlines

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