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, Astec Industries's share price is $37.29.
Astec Industries's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $56.26. Hence, Astec Industries's PS Ratio for today is 0.66.
The historical rank and industry rank for Astec Industries's PS Ratio or its related term are showing as below:
ASTE'
s PS Ratio Range Over the Past 10 Years
Min: 0.51 Med: 0.91 Max: 1.75
Current: 0.66
During the past 13 years, Astec Industries's highest PS Ratio was 1.75. The lowest was 0.51. And the median was 0.91.
Astec Industries Inc revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Astec Industries was -5.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 9.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 2.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 2.90% per year.
During the past 13 years, Astec Industries's highest 3-Year average Revenue per Share Growth Rate was 45.50% per year. The lowest was -8.30% per year. And the median was 4.70% per year.
Back to Basics: PS Ratio
Astec Industries PS Ratio Historical Data
The historical data trend for Astec Industries'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 Astec Industries's PS Ratio
For the Farm & Heavy Construction Machinery subindustry, Astec Industries'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.
Astec Industries's PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Astec Industries's PS Ratio distribution charts can be found below:
* The bar in red indicates where Astec Industries's PS Ratio falls into.
Astec Industries 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.
Astec Industries's Share Price of today is $37.29. Astec Industries's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $56.26.
* 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:
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.
Astec Industries PS Ratio Related Terms
Thank you for viewing the detailed overview of Astec Industries's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Astec Industries Inc designs and manufactures equipment and components used in road construction and other development activities. Its products are used through the entire process of building roads, from mining and crushing materials to creating the road surface. The company manufactures a line of plants, pavers, vehicles, and machines to mix and transform materials into construction components. It has two operating segments: infrastructure solutions generating maximum revenue and materials solutions. The majority of sales are derived from the United States. Its customers are asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, demolition recycling markets, sand and gravel producers, open mine operators, quarry operators, and others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ASTE has been successfully added to your 