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, Great Lakes Dredge & Dock's share price is $9.36.
Great Lakes Dredge & Dock's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $9.34. Hence, Great Lakes Dredge & Dock's PS Ratio for today is 1.00.
Warning Sign:
Great Lakes Dredge & Dock Corp stock PS Ratio (=1.03) is close to 1-year high of 1.05
The historical rank and industry rank for Great Lakes Dredge & Dock's PS Ratio or its related term are showing as below:
GLDD'
s PS Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.71 Max: 1.52
Current: 1.03
During the past 13 years, Great Lakes Dredge & Dock's highest PS Ratio was 1.52. The lowest was 0.22. And the median was 0.71.
GLDD's PS Ratio is ranked worse than 57.77% of 1667
companies
in the Construction industry
Industry Median: 0.8
vs GLDD: 1.03
Great Lakes Dredge & Dock 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 Great Lakes Dredge & Dock was -10.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -7.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -2.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -3.00% per year.
During the past 13 years, Great Lakes Dredge & Dock's highest 3-Year average Revenue per Share Growth Rate was 14.90% per year. The lowest was -81.90% per year. And the median was -3.95% per year.
Back to Basics: PS Ratio
Great Lakes Dredge & Dock PS Ratio Historical Data
* 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 Great Lakes Dredge & Dock's PS Ratio
For the Engineering & Construction subindustry, Great Lakes Dredge & Dock'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.
Great Lakes Dredge & Dock's PS Ratio Distribution in the Construction Industry
For the Construction industry and Industrials sector, Great Lakes Dredge & Dock's PS Ratio distribution charts can be found below:
* The bar in red indicates where Great Lakes Dredge & Dock's PS Ratio falls into.
Great Lakes Dredge & Dock 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.
Great Lakes Dredge & Dock's Share Price of today is $9.36. Great Lakes Dredge & Dock's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.34.
* 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:
Great Lakes Dredge & Dock (NAS:GLDD) 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.
Great Lakes Dredge & Dock PS Ratio Related Terms
Thank you for viewing the detailed overview of Great Lakes Dredge & Dock's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Great Lakes Dredge & Dock (Great Lakes Dredge & Dock) Business Description
Great Lakes Dredge & Dock Corp is a provider of dredging services in the United States. Dredging involves the enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock. Its projects portfolio includes Coastal Restoration, Coastal Protection, Ports and Harbors, International, and Inland Dredging.
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