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, Sphere 3D's share price is $1.19.
Sphere 3D's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.77. Hence, Sphere 3D's PS Ratio for today is 0.67.
Good Sign:
Sphere 3D Corp stock PS Ratio (=0.63) is close to 3-year low of 0.58
The historical rank and industry rank for Sphere 3D's PS Ratio or its related term are showing as below:
ANY'
s PS Ratio Range Over the Past 10 Years
Min: 0.07 Med: 1.52 Max: 208.39
Current: 0.65
During the past 13 years, Sphere 3D's highest PS Ratio was 208.39. The lowest was 0.07. And the median was 1.52.
ANY's PS Ratio is ranked better than 82.39% of 2737
companies
in the Software industry
Industry Median: 2.19
vs ANY: 0.65
Sphere 3D's Revenue per Sharefor the
three
months ended in Dec. 2023 was $0.53.
Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.77.
Warning Sign:
Sphere 3D Corp revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Sphere 3D was 181.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -32.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -53.10% per year.
During the past 13 years, Sphere 3D's highest 3-Year average Revenue per Share Growth Rate was -32.10% per year. The lowest was -81.00% per year. And the median was -65.60% per year.
Back to Basics: PS Ratio
Sphere 3D PS Ratio Historical Data
The historical data trend for Sphere 3D'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 Software - Application subindustry, Sphere 3D'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.
Sphere 3D PS Ratio Distribution
For the Software industry and Technology sector, Sphere 3D's PS Ratio distribution charts can be found below:
* The bar in red indicates where Sphere 3D's PS Ratio falls into.
Sphere 3D 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.
Sphere 3D's Share Price of today is $1.19.
Sphere 3D'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 $1.77.
* 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:
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.
Sphere 3D PS Ratio Related Terms
Thank you for viewing the detailed overview of Sphere 3D's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Sphere 3D Corp provides solutions for stand-alone storage and technologies that converge the traditional silos of compute, storage, and network into integrated hyper-converged or converged solution. Its Disk systems include HVE Converged and Hyper-converged Infrastructure. It generates the majority of its revenue from the services it offers. All of its revenue comes from the Americas. The Company has two operating segments: Digital Mining and Service and Product. The Digital Mining segment generates revenue from the digital currency, it earns through its bitcoin mining activities. The Service and Product segment generates revenue from long-term customer contracts for service contracts and extended service contract and the sale of products related to the Company's data storage product line.
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