GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Marwest Apartment REIT (TSXV:MAR.UN) » Definitions » PS Ratio

Marwest Apartment REIT (TSXV:MAR.UN) PS Ratio : 0.63 (As of May. 20, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Marwest Apartment 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, Marwest Apartment REIT's share price is C$0.72. Marwest Apartment REIT's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.15. Hence, Marwest Apartment REIT's PS Ratio for today is 0.63.

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

TSXV:MAR.UN' s PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.99   Max: 7.31
Current: 0.63

During the past 4 years, Marwest Apartment REIT's highest PS Ratio was 7.31. The lowest was 0.50. And the median was 0.99.

TSXV:MAR.UN's PS Ratio is ranked better than
97.09% of 826 companies
in the REITs industry
Industry Median: 6.52 vs TSXV:MAR.UN: 0.63

Marwest Apartment REIT's Revenue per Sharefor the three months ended in Dec. 2023 was C$0.29. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.15.

During the past 12 months, the average Revenue per Share Growth Rate of Marwest Apartment REIT was 39.10% per year.

Back to Basics: PS Ratio


Marwest Apartment REIT PS Ratio Historical Data

The historical data trend for Marwest Apartment 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.

Marwest Apartment REIT PS Ratio Chart

Marwest Apartment REIT Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PS Ratio
- 2.22 1.03 0.78

Marwest Apartment REIT Quarterly Data
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 1.03 0.66 0.59 0.50 0.78

Competitive Comparison of Marwest Apartment REIT's PS Ratio

For the REIT - Residential subindustry, Marwest Apartment 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.


Marwest Apartment REIT's PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Marwest Apartment REIT's PS Ratio falls into.



Marwest Apartment 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.

Marwest Apartment REIT's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.72/1.149
=0.63

Marwest Apartment REIT's Share Price of today is C$0.72.
Marwest Apartment REIT'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 C$1.15.

* 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.


Marwest Apartment REIT  (TSXV:MAR.UN) 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.


Marwest Apartment REIT PS Ratio Related Terms

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


Marwest Apartment REIT (TSXV:MAR.UN) Business Description

Traded in Other Exchanges
N/A
Address
220 Portage Avenue, Suite 500, Winnipeg, MB, CAN, R3C 0A5
Marwest Apartment REIT is an open-ended real estate investment trust. The trust is focused on acquiring multi-family residential real estate in Western Canada.

Marwest Apartment REIT (TSXV:MAR.UN) Headlines

No Headlines