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, Shin-Etsu Chemical Co's share price is $18.76.
Shin-Etsu Chemical Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.13. Hence, Shin-Etsu Chemical Co's PS Ratio for today is 4.54.
Warning Sign:
Shin-Etsu Chemical Co Ltd stock PS Ratio (=5.14) is close to 10-year high of 5.64
The historical rank and industry rank for Shin-Etsu Chemical Co's PS Ratio or its related term are showing as below:
SHECY'
s PS Ratio Range Over the Past 10 Years
Min: 1.7 Med: 3.01 Max: 5.64
Current: 5.25
During the past 13 years, Shin-Etsu Chemical Co's highest PS Ratio was 5.64. The lowest was 1.70. And the median was 3.01.
SHECY's PS Ratio is ranked worse than 85.66% of 1527
companies
in the Chemicals industry
Industry Median: 1.41
vs SHECY: 5.25
During the past 12 months, the average Revenue per Share Growth Rate of Shin-Etsu Chemical Co was 336.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 18.70% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -0.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 2.70% per year.
During the past 13 years, Shin-Etsu Chemical Co's highest 3-Year average Revenue per Share Growth Rate was 19.90% per year. The lowest was -28.10% per year. And the median was 4.70% per year.
* 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 Shin-Etsu Chemical Co's PS Ratio
For the Chemicals subindustry, Shin-Etsu Chemical Co'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.
Shin-Etsu Chemical Co's PS Ratio Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shin-Etsu Chemical Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Shin-Etsu Chemical Co's PS Ratio falls into.
Shin-Etsu Chemical Co 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.
Shin-Etsu Chemical Co's Share Price of today is $18.76. Shin-Etsu Chemical Co'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 $4.13.
* 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:
Shin-Etsu Chemical Co (OTCPK:SHECY) 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.
Shin-Etsu Chemical Co PS Ratio Related Terms
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Shin-Etsu Chemical Co (Shin-Etsu Chemical Co) Business Description
Shin-Etsu Chemical Co Ltd is a Japan-based company primarily engaged in chemical business. The company operates in six business segments namely Poly Vinyl Chloride, Specialty Chemicals, Silicon, Semiconductor Silicon, Electronic and Functional Materials and Diversified business. It derives majority of revenue through Poly Vinyl Chloride segment which manufactures and sells vinyl chloride, caustic soda products, chloromethane and methanol. The group is also involved in manufacturing and selling of various other chemical products such as Polyvinyl alcohol, Synthetic pheromones, Rare-earth magnets for electronics industry and general applications, Photoresists, Photomask blanks and others. Geographically, it operates from the market of Japan and its business is amplifying across the globe.
Shin-Etsu Chemical Co (Shin-Etsu Chemical Co) Headlines
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