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, Solitron Devices's share price is $18.10.
Solitron Devices's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $4.92. Hence, Solitron Devices's PS Ratio for today is 3.68.
The historical rank and industry rank for Solitron Devices's PS Ratio or its related term are showing as below:
SODI'
s PS Ratio Range Over the Past 10 Years
Min: 0.38 Med: 1.12 Max: 4.66
Current: 3.68
During the past 13 years, Solitron Devices's highest PS Ratio was 4.66. The lowest was 0.38. And the median was 1.12.
SODI's PS Ratio is ranked worse than 56.94% of 987
companies
in the Semiconductors industry
Industry Median: 3.14
vs SODI: 3.68
Solitron Devices Inc 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 Solitron Devices was 49.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -12.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -1.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 3.00% per year.
During the past 13 years, Solitron Devices's highest 3-Year average Revenue per Share Growth Rate was 11.10% per year. The lowest was -12.50% per year. And the median was 1.00% per year.
Back to Basics: PS Ratio
Solitron Devices PS Ratio Historical Data
The historical data trend for Solitron Devices'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.
Competitive Comparison of Solitron Devices's PS Ratio
For the Semiconductor Equipment & Materials subindustry, Solitron Devices'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.
Solitron Devices's PS Ratio Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Solitron Devices's PS Ratio distribution charts can be found below:
* The bar in red indicates where Solitron Devices's PS Ratio falls into.
Solitron Devices 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.
Solitron Devices's Share Price of today is $18.10. Solitron Devices's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.92.
* 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:
Solitron Devices (OTCPK:SODI) 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.
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.
Solitron Devices PS Ratio Related Terms
Thank you for viewing the detailed overview of Solitron Devices's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Solitron Devices (Solitron Devices) Business Description
Solitron Devices Inc designs, develop, manufactures, and markets solid-state semiconductor components and related devices mainly for the military and aerospace markets. It manufactures a large variety of bipolar and metal oxide semiconductor (MOS) power transistors, power and control hybrids, junction and power MOS field-effect transistors (Power MOSFETS), field effect transistors, and other related products. It derives the majority of its revenues from its business operations in the United States, while it also holds a presence in Canada, Latin America, the Far East, and the Middle East.
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