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, Adtran Networks SE's share price is $21.57.
Adtran Networks SE's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was $14.63. Hence, Adtran Networks SE's PS Ratio for today is 1.47.
Good Sign:
Adtran Networks SE stock PS Ratio (=1.43) is close to 2-year low of 1.29
The historical rank and industry rank for Adtran Networks SE's PS Ratio or its related term are showing as below:
ADVOF'
s PS Ratio Range Over the Past 10 Years
Min: 0.37 Med: 0.76 Max: 1.71
Current: 1.43
During the past 13 years, Adtran Networks SE's highest PS Ratio was 1.71. The lowest was 0.37. And the median was 0.76.
ADVOF's PS Ratio is ranked better than 51.93% of 2455
companies
in the Hardware industry
Industry Median: 1.51
vs ADVOF: 1.43
Adtran Networks SE revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Adtran Networks SE was -14.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 1.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 4.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 6.20% per year.
During the past 13 years, Adtran Networks SE's highest 3-Year average Revenue per Share Growth Rate was 23.40% per year. The lowest was -0.90% per year. And the median was 5.30% per year.
Back to Basics: PS Ratio
Adtran Networks SE PS Ratio Historical Data
The historical data trend for Adtran Networks SE'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.
Competitive Comparison of Adtran Networks SE's PS Ratio
For the Communication Equipment subindustry, Adtran Networks SE'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.
Adtran Networks SE's PS Ratio Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Adtran Networks SE's PS Ratio distribution charts can be found below:
* The bar in red indicates where Adtran Networks SE's PS Ratio falls into.
Adtran Networks SE 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.
Adtran Networks SE's Share Price of today is $21.57. Adtran Networks SE's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.63.
* 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:
Adtran Networks SE (OTCPK:ADVOF) 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.
Adtran Networks SE PS Ratio Related Terms
Thank you for viewing the detailed overview of Adtran Networks SE's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Adtran Networks SE (Adtran Networks SE) Business Description
Adtran Networks SE Formerly ADVA Optical Networking SE develops, manufactures, and sells optical and Ethernet-based networking solutions to telecommunications carriers and enterprises. These systems are used by telecommunications service providers, private companies, universities, and government agencies. Some of its product categories are Open optical transport, Packet edge and aggregation, Disaggregated networking, Network virtualization, Network infrastructure assurance, and Automated network management. ADVA's geographical segments are Germany; the Rest of Europe, the Middle East and Africa; the Americas; and Asia-Pacific.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ADVOF has been successfully added to your 