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Sumitomo Mitsui Trust Holdings (Sumitomo Mitsui Trust Holdings) PS Ratio : 1.88 (As of Apr. 28, 2024)


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What is Sumitomo Mitsui Trust Holdings 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, Sumitomo Mitsui Trust Holdings's share price is $21.565. Sumitomo Mitsui Trust Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $11.48. Hence, Sumitomo Mitsui Trust Holdings's PS Ratio for today is 1.88.

The historical rank and industry rank for Sumitomo Mitsui Trust Holdings's PS Ratio or its related term are showing as below:

CMTDF' s PS Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.52   Max: 3.28
Current: 2.01

During the past 13 years, Sumitomo Mitsui Trust Holdings's highest PS Ratio was 3.28. The lowest was 0.96. And the median was 1.52.

CMTDF's PS Ratio is ranked better than
62.39% of 1449 companies
in the Banks industry
Industry Median: 2.39 vs CMTDF: 2.01

Sumitomo Mitsui Trust Holdings's Revenue per Sharefor the three months ended in Dec. 2023 was $2.43. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $11.48.

Good Sign:

Sumitomo Mitsui Trust Holdings Inc has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Sumitomo Mitsui Trust Holdings was 5.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 3.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.00% per year.

During the past 13 years, Sumitomo Mitsui Trust Holdings's highest 3-Year average Revenue per Share Growth Rate was 24.20% per year. The lowest was -25.30% per year. And the median was 2.00% per year.

Back to Basics: PS Ratio


Sumitomo Mitsui Trust Holdings PS Ratio Historical Data

The historical data trend for Sumitomo Mitsui Trust Holdings'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.

Sumitomo Mitsui Trust Holdings PS Ratio Chart

Sumitomo Mitsui Trust Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.10 1.33 1.29 1.47

Sumitomo Mitsui Trust Holdings 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 1.48 1.47 1.66 1.73 1.67

Competitive Comparison of Sumitomo Mitsui Trust Holdings's PS Ratio

For the Banks - Regional subindustry, Sumitomo Mitsui Trust Holdings'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.


Sumitomo Mitsui Trust Holdings's PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sumitomo Mitsui Trust Holdings's PS Ratio distribution charts can be found below:

* The bar in red indicates where Sumitomo Mitsui Trust Holdings's PS Ratio falls into.



Sumitomo Mitsui Trust Holdings 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.

Sumitomo Mitsui Trust Holdings's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=21.565/11.483
=1.88

Sumitomo Mitsui Trust Holdings's Share Price of today is $21.565.
Sumitomo Mitsui Trust Holdings'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 $11.48.

* 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.


Sumitomo Mitsui Trust Holdings  (OTCPK:CMTDF) 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.


Sumitomo Mitsui Trust Holdings PS Ratio Related Terms

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Sumitomo Mitsui Trust Holdings (Sumitomo Mitsui Trust Holdings) Business Description

Traded in Other Exchanges
Address
1-4-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8233
Sumitomo Mitsui Trust Holdings is the fifth-largest Japanese bank by assets and revenue, with a market share of domestic loans of 3.2% as of March 2023. It is the only remaining stand-alone trust bank after the late 1990s deregulation removed legal barriers between commercial banking and trust functions in Japan; its former rivals in trust banking merged and became units of Mitsubishi UFJ FG and Mizuho. It has no capital ties with Sumitomo Mitsui FG, despite the similar name and common ties to Sumitomo and Mitsui group companies. In fiduciary services, SMTH is the market leader in Japan in total assets under custody. It is the largest manager of corporate pension funds and trails only Nomura in investment trusts.

Sumitomo Mitsui Trust Holdings (Sumitomo Mitsui Trust Holdings) Headlines

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