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Dover Motorsports (Dover Motorsports) PS Ratio : 2.52 (As of Apr. 26, 2024)


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What is Dover Motorsports 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, Dover Motorsports's share price is $3.61. Dover Motorsports's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2021 was $1.43. Hence, Dover Motorsports's PS Ratio for today is 2.52.

The historical rank and industry rank for Dover Motorsports's PS Ratio or its related term are showing as below:

DVD's PS Ratio is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.62
* Ranked among companies with meaningful PS Ratio only.

Dover Motorsports's Revenue per Sharefor the three months ended in Sep. 2021 was $0.03. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2021 was $1.43.

Back to Basics: PS Ratio


Dover Motorsports PS Ratio Historical Data

The historical data trend for Dover Motorsports'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.

Dover Motorsports PS Ratio Chart

Dover Motorsports Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 1.51 1.45 1.45 2.11

Dover Motorsports Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.85 2.11 1.92 0.91 1.69

Competitive Comparison of Dover Motorsports's PS Ratio

For the Leisure subindustry, Dover Motorsports'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.


Dover Motorsports's PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Dover Motorsports's PS Ratio distribution charts can be found below:

* The bar in red indicates where Dover Motorsports's PS Ratio falls into.



Dover Motorsports 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.

Dover Motorsports's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=3.61/1.432
=2.52

Dover Motorsports's Share Price of today is $3.61.
Dover Motorsports's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.43.

* 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.


Dover Motorsports  (NYSE:DVD) 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.


Dover Motorsports PS Ratio Related Terms

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Dover Motorsports (Dover Motorsports) Business Description

Traded in Other Exchanges
N/A
Address
1131 North DuPont Highway, Dover, DE, USA, 19901
Dover Motorsports Inc is a United States-based public holding company. The company's principal activity is to market and promote motorsports entertainment. Dover through its subsidiaries owns and operates Dover International Speedway in Dover, Delaware and Nashville Superspeedway near Nashville, Tennessee. Its operations were segregated into two main operating subsidiaries; Dover International Speedway Inc covered its motorsports operations, and Dover Downs Inc conducted its gaming operations. The company generates revenues primarily from the sponsorship payments, rights fees, ticket sales, and other event-related revenues.
Executives
Patrick J Bagley director
Jeffrey W Rollins director
Henry B Tippie director TONY EVANS, 1131 N DUPONT HWY, DOVER DE 19903
Anastasia Thomas Nardangeli director 1131 N. DUPONT HIGHWAY DOWER DE 19901
Denis Mcglynn director, officer: President and CEO POST OFFICE BOX 843, DOVER DE 19903
Timothy R Horne director, officer: Sr. VP - Finance & CFO
Thomas G Wintermantel officer: VP, TREASURER & SECRETARY
Michael A. Tatoian director, officer: Executive Vice President - COO 1131 N. DUPONT HIGHWAY DOVER DE 19901
Richard Radcliffe Hastings director 1131 NORTH DUPONT HIGHWAY DOVER DE 19901
Gary W Rollins 10 percent owner 2170 PIEDMONT ROAD NE, ATLANTA GA 30324
R Randall Rollins director, 10 percent owner SUNTRUST BANKS INC, PO BOX 4418 MC 643, ATLANTA GA 30302-4418
Eugene W Weaver director, 10 percent owner P O BOX 843, DOVER DE 19803
Richard K Struthers director 900 OLD KENNETT ROAD, GREENVILLE DE 19807
Mario Cibelli 10 percent owner 6 EAST 43RD STREET, 23RD FLOOR NEW YORK NY 10017
Kenneth K Chalmers director