GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Olav Thon Eiendomsselskap (OSTO:OLTO) » Definitions » PS Ratio

Olav Thon Eiendomsselskap (OSTO:OLTO) PS Ratio : 4.34 (As of May. 09, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Olav Thon Eiendomsselskap 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, Olav Thon Eiendomsselskap's share price is kr224.00. Olav Thon Eiendomsselskap's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was kr51.62. Hence, Olav Thon Eiendomsselskap's PS Ratio for today is 4.34.

Warning Sign:

Olav Thon Eiendomsselskap stock PS Ratio (=4.72) is close to 2-year high of 4.77

The historical rank and industry rank for Olav Thon Eiendomsselskap's PS Ratio or its related term are showing as below:

OSTO:OLTO' s PS Ratio Range Over the Past 10 Years
Min: 2.51   Med: 4.39   Max: 5.95
Current: 4.34

During the past 13 years, Olav Thon Eiendomsselskap's highest PS Ratio was 5.95. The lowest was 2.51. And the median was 4.39.

OSTO:OLTO's PS Ratio is ranked worse than
64.46% of 1770 companies
in the Real Estate industry
Industry Median: 2.44 vs OSTO:OLTO: 4.34

Olav Thon Eiendomsselskap's Revenue per Sharefor the three months ended in Dec. 2023 was kr12.40. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was kr51.62.

During the past 12 months, the average Revenue per Share Growth Rate of Olav Thon Eiendomsselskap was 14.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 8.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 5.80% per year.

During the past 13 years, Olav Thon Eiendomsselskap's highest 3-Year average Revenue per Share Growth Rate was 19.00% per year. The lowest was 2.30% per year. And the median was 8.55% per year.

Back to Basics: PS Ratio


Olav Thon Eiendomsselskap PS Ratio Historical Data

The historical data trend for Olav Thon Eiendomsselskap'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.

Olav Thon Eiendomsselskap PS Ratio Chart

Olav Thon Eiendomsselskap Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.50 4.98 5.21 4.24 3.93

Olav Thon Eiendomsselskap Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 4.24 3.78 3.44 3.28 3.93

Competitive Comparison of Olav Thon Eiendomsselskap's PS Ratio

For the Real Estate Services subindustry, Olav Thon Eiendomsselskap'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.


Olav Thon Eiendomsselskap's PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Olav Thon Eiendomsselskap's PS Ratio distribution charts can be found below:

* The bar in red indicates where Olav Thon Eiendomsselskap's PS Ratio falls into.



Olav Thon Eiendomsselskap 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.

Olav Thon Eiendomsselskap's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=224.00/51.624
=4.34

Olav Thon Eiendomsselskap's Share Price of today is kr224.00.
Olav Thon Eiendomsselskap'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 kr51.62.

* 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.


Olav Thon Eiendomsselskap  (OSTO:OLTO) 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.


Olav Thon Eiendomsselskap PS Ratio Related Terms

Thank you for viewing the detailed overview of Olav Thon Eiendomsselskap's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Olav Thon Eiendomsselskap (OSTO:OLTO) Business Description

Traded in Other Exchanges
Address
Stenersgata 2A, Sentrum, P.O. Box 489, Oslo, NOR, 0105
Olav Thon Eiendomsselskap is a general real estate company that operates in two segments: shopping centers and commercial property. The vast majority of revenue is derived from its shopping center segment. Olav generates most of its revenue in Norway, followed by Sweden. The company aims to realize portfolio returns through active development, effective management, and satisfied tenants. The company considers merger and acquisition investment as a component of its operational growth strategy.

Olav Thon Eiendomsselskap (OSTO:OLTO) Headlines

No Headlines