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Cartesian Growth II (Cartesian Growth II) PS Ratio : (As of May. 24, 2024)


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What is Cartesian Growth II 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, Cartesian Growth II's share price is $11.23. Cartesian Growth II's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00. Hence, Cartesian Growth II's PS Ratio for today is .

The historical rank and industry rank for Cartesian Growth II's PS Ratio or its related term are showing as below:

RENE's PS Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.22
* Ranked among companies with meaningful PS Ratio only.

Cartesian Growth II's Revenue per Sharefor the three months ended in Mar. 2024 was $0.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00.

Back to Basics: PS Ratio


Cartesian Growth II PS Ratio Historical Data

The historical data trend for Cartesian Growth II'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.

Cartesian Growth II PS Ratio Chart

Cartesian Growth II Annual Data
Trend Dec21 Dec22 Dec23
PS Ratio
- - -

Cartesian Growth II Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Cartesian Growth II's PS Ratio

For the Shell Companies subindustry, Cartesian Growth II'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.


Cartesian Growth II's PS Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Cartesian Growth II's PS Ratio distribution charts can be found below:

* The bar in red indicates where Cartesian Growth II's PS Ratio falls into.



Cartesian Growth II 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.

Cartesian Growth II's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=11.23/0
=

Cartesian Growth II's Share Price of today is $11.23.
Cartesian Growth II'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 $0.00.

* 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.


Cartesian Growth II  (NAS:RENE) 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.


Cartesian Growth II PS Ratio Related Terms

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Cartesian Growth II (Cartesian Growth II) Business Description

Traded in Other Exchanges
N/A
Address
505 Fifth Avenue, 15th Floor, New York, NY, USA, 10017
Cartesian Growth Corp II is a blank check company.
Executives
Peter Yu director, 10 percent owner, officer: See Remarks C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Pangaea Three-b, Lp 10 percent owner C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVE., 15TH FLOOR, NEW YORK NY 10017
Bertrand P. Grabowski director C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Daniel Jeremy Karp director C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Beth Michelson officer: Chief Financial Officer C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Cgc Ii Sponsor Llc 10 percent owner C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Luque Rafael De director C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Sheryl Schwartz director C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Allan Leighton director C/O CARTESIAN GROWTH CORPORATION II, NEW YORK NY 10017

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