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Owens-Corning (Owens-Corning) PS Ratio : 1.57 (As of Apr. 26, 2024)


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What is Owens-Corning 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, Owens-Corning's share price is $168.50. Owens-Corning's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $107.25. Hence, Owens-Corning's PS Ratio for today is 1.57.

Warning Sign:

Owens-Corning Inc stock PS Ratio (=1.54) is close to 10-year high of 1.7

The historical rank and industry rank for Owens-Corning's PS Ratio or its related term are showing as below:

OC' s PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.02   Max: 1.7
Current: 1.58

During the past 13 years, Owens-Corning's highest PS Ratio was 1.70. The lowest was 0.48. And the median was 1.02.

OC's PS Ratio is ranked worse than
70.83% of 1659 companies
in the Construction industry
Industry Median: 0.77 vs OC: 1.58

Owens-Corning's Revenue per Sharefor the three months ended in Mar. 2024 was $26.17. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $107.25.

Warning Sign:

Owens-Corning Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Owens-Corning was 5.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 17.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 12.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 9.60% per year.

During the past 13 years, Owens-Corning's highest 3-Year average Revenue per Share Growth Rate was 43.60% per year. The lowest was -42.70% per year. And the median was 3.35% per year.

Back to Basics: PS Ratio


Owens-Corning PS Ratio Historical Data

The historical data trend for Owens-Corning'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.

Owens-Corning PS Ratio Chart

Owens-Corning Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 1.17 1.11 0.85 1.39

Owens-Corning Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.94 1.26 1.30 1.39 1.56

Competitive Comparison of Owens-Corning's PS Ratio

For the Building Products & Equipment subindustry, Owens-Corning'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.


Owens-Corning's PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Owens-Corning's PS Ratio distribution charts can be found below:

* The bar in red indicates where Owens-Corning's PS Ratio falls into.



Owens-Corning 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.

Owens-Corning's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=168.50/107.253
=1.57

Owens-Corning's Share Price of today is $168.50.
Owens-Corning'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 $107.25.

* 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.


Owens-Corning  (NYSE:OC) 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.


Owens-Corning PS Ratio Related Terms

Thank you for viewing the detailed overview of Owens-Corning's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Owens-Corning (Owens-Corning) Business Description

Traded in Other Exchanges
Address
One Owens Corning Parkway, Toledo, OH, USA, 43659
Owens-Corning Inc is a manufacturer of glass fiber utilized in composites and building materials. It has an integrated business model with three reportable segments: Composites, Insulation, and Roofing. The company generates maximum revenue from the Insulation segment. Its Insulation segment manufactures and sells thermal and acoustical batts, loosefill insulation, spray foam insulation, foam sheathing, and accessories. It also manufactures and sells glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated mineral wool insulation, cellular glass insulation, and foam insulation used in above- and below-grade construction applications.
Executives
Marcio A Sandri officer: President, Composites ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Mari Doerfler officer: Vice President and Controller ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
W Howard Morris director 1538 STRATHCONA, DETROIT MI 48203
Monaco Nicolas Del officer: President, Insulation ONE OWENS CORNING PKWY, TOLEDO OH 43659
Todd W Fister officer: President, Insulation ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Gunner Smith officer: President, Roofing ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Paula Russell officer: SVP, Chief HR Officer ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Jose Mendez-andino officer: EVP, Chief R&D Officer ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Kelly Schmidt officer: Vice President and Controller ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Brian Chambers officer: President, Roofing and Asphalt ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Daniel T Smith officer: Sr. VP Organization & Admin OWENS CORNING, ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Gina A. Beredo officer: EVP, GC and Secretary C/O OWENS CORNING, ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Paul Edward Martin director C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Alfred E Festa director
Kenneth Scott Parks officer: Sr. VP&Chief Financial Officer ONE OWENS CORNING PARKWAY, TOLEDO OH 43659