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, New England Realty Associates LP's share price is $69.15.
New England Realty Associates LP's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $20.74. Hence, New England Realty Associates LP's PS Ratio for today is 3.33.
Good Sign:
New England Realty Associates LP stock PS Ratio (=3.33) is close to 3-year low of 3.23
The historical rank and industry rank for New England Realty Associates LP's PS Ratio or its related term are showing as below:
NEN'
s PS Ratio Range Over the Past 10 Years
Min: 2.45 Med: 4.35 Max: 5.44
Current: 3.33
During the past 13 years, New England Realty Associates LP's highest PS Ratio was 5.44. The lowest was 2.45. And the median was 4.35.
NEN's PS Ratio is ranked worse than 57.76% of 1773
companies
in the Real Estate industry
Industry Median: 2.4
vs NEN: 3.33
New England Realty Associates LP's Revenue per Sharefor the
three
months ended in Dec. 2023 was $5.53.
Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $20.74.
Good Sign:
New England Realty Associates LP has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of New England Realty Associates LP was 10.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 7.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 5.60% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 7.20% per year.
During the past 13 years, New England Realty Associates LP's highest 3-Year average Revenue per Share Growth Rate was 57.30% per year. The lowest was -2.20% per year. And the median was 8.90% per year.
Back to Basics: PS Ratio
New England Realty Associates LP PS Ratio Historical Data
The historical data trend for New England Realty Associates LP'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.
For the Real Estate Services subindustry, New England Realty Associates LP'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.
New England Realty Associates LP PS Ratio Distribution
For the Real Estate industry and Real Estate sector, New England Realty Associates LP's PS Ratio distribution charts can be found below:
* The bar in red indicates where New England Realty Associates LP's PS Ratio falls into.
New England Realty Associates LP 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.
New England Realty Associates LP's PS Ratio for today is calculated as
New England Realty Associates LP's Share Price of today is $69.15.
New England Realty Associates LP'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 $20.74.
* 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:
New England Realty Associates LP (AMEX:NEN) 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.
New England Realty Associates LP PS Ratio Related Terms
Thank you for viewing the detailed overview of New England Realty Associates LP's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
New England Realty Associates LP (New England Realty Associates LP) Business Description
New England Realty Associates LP is engaged in the business of acquiring, developing, holding for investment, operating and selling real estate. The Partnership owns and operates various residential apartments, condominium units and commercial properties located in Massachusetts and New Hampshire. The company generates revenue from rental income from residential and commercial properties recognized over the term of the related lease. The long-term goals of the Partnership are to manage, rent and improve its properties and to acquire additional properties with income and capital appreciation potential as suitable opportunities arise.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NEN has been successfully added to your 