GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pinnacle Investment Management Group Ltd (ASX:PNI) » Definitions » PS Ratio

Pinnacle Investment Management Group (ASX:PNI) PS Ratio : 98.37 (As of Dec. 15, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Pinnacle Investment Management Group 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, Pinnacle Investment Management Group's share price is A$23.51. Pinnacle Investment Management Group's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was A$0.24. Hence, Pinnacle Investment Management Group's PS Ratio for today is 98.37.

Warning Sign:

Pinnacle Investment Management Group Ltd stock PS Ratio (=97.96) is close to 3-year high of 101.71

The historical rank and industry rank for Pinnacle Investment Management Group's PS Ratio or its related term are showing as below:

ASX:PNI' s PS Ratio Range Over the Past 10 Years
Min: 1.87   Med: 56.79   Max: 192.41
Current: 98.37

During the past 13 years, Pinnacle Investment Management Group's highest PS Ratio was 192.41. The lowest was 1.87. And the median was 56.79.

ASX:PNI's PS Ratio is ranked worse than
96.71% of 1490 companies
in the Asset Management industry
Industry Median: 7.5 vs ASX:PNI: 98.37

Pinnacle Investment Management Group's Revenue per Sharefor the six months ended in Jun. 2024 was A$0.14. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was A$0.24.

Warning Sign:

Pinnacle Investment Management Group Ltd revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Pinnacle Investment Management Group was 1.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 13.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 20.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was 16.30% per year.

During the past 13 years, Pinnacle Investment Management Group's highest 3-Year average Revenue per Share Growth Rate was 60.10% per year. The lowest was -62.70% per year. And the median was -5.60% per year.

Back to Basics: PS Ratio


Pinnacle Investment Management Group PS Ratio Historical Data

The historical data trend for Pinnacle Investment Management Group'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.

Pinnacle Investment Management Group PS Ratio Chart

Pinnacle Investment Management Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.81 72.55 33.80 42.29 59.08

Pinnacle Investment Management Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 33.80 - 42.29 - 59.08

Competitive Comparison of Pinnacle Investment Management Group's PS Ratio

For the Asset Management subindustry, Pinnacle Investment Management Group'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.


Pinnacle Investment Management Group's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pinnacle Investment Management Group's PS Ratio distribution charts can be found below:

* The bar in red indicates where Pinnacle Investment Management Group's PS Ratio falls into.



Pinnacle Investment Management Group 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.

Pinnacle Investment Management Group's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=23.51/0.239
=98.37

Pinnacle Investment Management Group's Share Price of today is A$23.51.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Pinnacle Investment Management Group's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was A$0.24.

* 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.


Pinnacle Investment Management Group  (ASX:PNI) 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.


Pinnacle Investment Management Group PS Ratio Related Terms

Thank you for viewing the detailed overview of Pinnacle Investment Management Group's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Pinnacle Investment Management Group Business Description

Traded in Other Exchanges
N/A
Address
264 George Street, Level 25, Australia Square Tower, Sydney, NSW, AUS, 2000
Pinnacle Investment Management Group is an Australia-based multi-affiliate investment management firm. The principal activities of the firm are equity, seed capital and working capital, and providing distribution services, business support, and responsible entity services to a network of boutique asset managers, termed as "affiliates." Apart from deriving revenue from its services, Pinnacle also earns a share of profits from its affiliates via holding equity interests in them. The business is growing rapidly with number of boutiques and FUM growing to 16 and around AUD 128 billion in June 2024, respectively, from seven and AUD 23 billion in December 2016.

Pinnacle Investment Management Group Headlines