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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, Adit Edtech Acquisition's share price is $4.98. Adit Edtech Acquisition's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $0.00. Hence, Adit Edtech Acquisition's PS Ratio for today is .
The historical rank and industry rank for Adit Edtech Acquisition's PS Ratio or its related term are showing as below:
During the past 3 years, Adit Edtech Acquisition's highest PS Ratio was 94.27. The lowest was 0.00. And the median was 0.00.
Adit Edtech Acquisition's Revenue per Sharefor the three months ended in Sep. 2023 was $0.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $0.00.
The historical data trend for Adit Edtech Acquisition'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.
Adit Edtech Acquisition Annual Data | |||||||
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PS Ratio | - | - | - |
Adit Edtech Acquisition Quarterly Data | ||||||||||||
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PS Ratio | Get a 7-Day Free Trial |
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For the Shell Companies subindustry, Adit Edtech Acquisition'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.
For the Diversified Financial Services industry and Financial Services sector, Adit Edtech Acquisition's PS Ratio distribution charts can be found below:
* The bar in red indicates where Adit Edtech Acquisition's PS Ratio falls into.
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.
Adit Edtech Acquisition's PS Ratio for today is calculated as
PS Ratio | = | Share Price | / | Revenue per Share (TTM) |
= | 4.98 | / | ||
= |
Adit Edtech Acquisition's Share Price of today is $4.98.
Adit Edtech Acquisition's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00.
* 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.
Adit Edtech Acquisition (AMEX:ADEX.U) 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.
Thank you for viewing the detailed overview of Adit Edtech Acquisition's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
David L. Shrier | director, officer: President and CEO | 250 1ST AVE, UNIT 336, CHARLESTOWN MA 02129 |
Adit Edtech Sponsor, Llc | 10 percent owner | 515 NORTH FLAGLER DRIVE, SUITE P-300, WEST PALM BEACH FL 33401 |
Sharmila Kassam | director | 4103 IDLEWILD ROAD, AUSTIN TX 78731 |
Elizabeth B. Porter | officer: See Remarks | 44 FENNO RD, NEWTON MA 02459 |
Jacob Cohen | director | 613 PLEASANT STREET, BELMONT MA 02478 |
Sheldon H. Levy | director | 704 BALLIOL STREET, TORONTO Z4 M4S 1E7 |
John J. D'agostino | officer: See Remarks | 201 E 79TH STREET 6A, NEW YORK CITY NY 10075 |
Eric L Munson | director | 1100 SE ATLANTIC DRIVE, LANTANA FL 33462 |
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