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Jet Freight Logistics (NSE:JETFREIGHT) PS Ratio : 0.16 (As of May. 12, 2024)


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What is Jet Freight Logistics 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, Jet Freight Logistics's share price is ₹13.35. Jet Freight Logistics's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₹86.05. Hence, Jet Freight Logistics's PS Ratio for today is 0.16.

The historical rank and industry rank for Jet Freight Logistics's PS Ratio or its related term are showing as below:

NSE:JETFREIGHT' s PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.16   Max: 0.71
Current: 0.16

During the past 12 years, Jet Freight Logistics's highest PS Ratio was 0.71. The lowest was 0.07. And the median was 0.16.

NSE:JETFREIGHT's PS Ratio is ranked better than
94.35% of 973 companies
in the Transportation industry
Industry Median: 1.02 vs NSE:JETFREIGHT: 0.16

Jet Freight Logistics's Revenue per Sharefor the three months ended in Dec. 2023 was ₹20.35. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₹86.05.

Warning Sign:

Jet Freight Logistics Ltd revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Jet Freight Logistics was -52.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was -6.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 7.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 15.10% per year.

During the past 12 years, Jet Freight Logistics's highest 3-Year average Revenue per Share Growth Rate was 70.80% per year. The lowest was -6.60% per year. And the median was 19.50% per year.

Back to Basics: PS Ratio


Jet Freight Logistics PS Ratio Historical Data

The historical data trend for Jet Freight Logistics'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.

Jet Freight Logistics PS Ratio Chart

Jet Freight Logistics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.05 0.05 0.07 0.13

Jet Freight Logistics Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.13 0.09 0.10 0.15

Competitive Comparison of Jet Freight Logistics's PS Ratio

For the Integrated Freight & Logistics subindustry, Jet Freight Logistics'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.


Jet Freight Logistics's PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jet Freight Logistics's PS Ratio distribution charts can be found below:

* The bar in red indicates where Jet Freight Logistics's PS Ratio falls into.



Jet Freight Logistics 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.

Jet Freight Logistics's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=13.35/86.052
=0.16

Jet Freight Logistics's Share Price of today is ₹13.35.
Jet Freight Logistics'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 ₹86.05.

* 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.


Jet Freight Logistics  (NSE:JETFREIGHT) 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.


Jet Freight Logistics PS Ratio Related Terms

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Jet Freight Logistics (NSE:JETFREIGHT) Business Description

Traded in Other Exchanges
Address
Cardinal Gracious Road, Opposite P&G Corporate Park, Pramukh Plaza, 706, C wing, 7th Floor, Opposite Holy Family Church, Chakala, Andheri East, Mumbai, MH, IND, 400099
Jet Freight Logistics Ltd is engaged in the business of freight Forwarding for handling Perishable, General, and time-sensitive cargo and handling general and other kinds of cargo. The Company is offering a wide range of Supply Chain services such as Air Cargo Door-to-Door (Air Cargo DTD) services, Surface Parcel Delivery (SPD) Services to its customers, and Third Party Warehousing. Jet freight logistics offers a wide variety of services to its clients. Apart from Perishable, Time Sensitive, and General Cargo, the Company's service includes custom Clearance, Logistics Solutions, Shipment of Hazardous cargo, and ODC consignments. The Company operates in a single segment.

Jet Freight Logistics (NSE:JETFREIGHT) Headlines

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