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Redox (ASX:RDX) PS Ratio : 1.22 (As of Mar. 16, 2025)


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What is Redox 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, Redox's share price is A$2.75. Redox's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2024 was A$2.26. Hence, Redox's PS Ratio for today is 1.22.

The historical rank and industry rank for Redox's PS Ratio or its related term are showing as below:

ASX:RDX' s PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.04   Max: 2.07
Current: 1.21

During the past 5 years, Redox's highest PS Ratio was 2.07. The lowest was 0.76. And the median was 1.04.

ASX:RDX's PS Ratio is ranked better than
54.18% of 1530 companies
in the Chemicals industry
Industry Median: 1.355 vs ASX:RDX: 1.21

Redox's Revenue per Sharefor the six months ended in Dec. 2024 was A$1.20. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2024 was A$2.26.

Warning Sign:

Redox Ltd revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Redox was -11.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was -81.50% per year.

During the past 5 years, Redox's highest 3-Year average Revenue per Share Growth Rate was -78.90% per year. The lowest was -81.50% per year. And the median was -80.20% per year.

Back to Basics: PS Ratio


Redox PS Ratio Historical Data

The historical data trend for Redox'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.

Redox PS Ratio Chart

Redox Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
PS Ratio
- - - - 1.41

Redox Semi-Annual Data
Jun20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
PS Ratio Get a 7-Day Free Trial Premium Member Only - - - 1.41 -

Competitive Comparison of Redox's PS Ratio

For the Chemicals subindustry, Redox'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.


Redox's PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Redox's PS Ratio distribution charts can be found below:

* The bar in red indicates where Redox's PS Ratio falls into.



Redox 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.

Redox's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=2.75/2.261
=1.22

Redox's Share Price of today is A$2.75.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Redox's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2024 was A$2.26.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Redox  (ASX:RDX) 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.


Redox PS Ratio Related Terms

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


Redox Business Description

Traded in Other Exchanges
N/A
Address
2 Swettenham Road, Minto, Sydney, NSW, AUS, 2566
Redox is a distributor of chemicals for a diverse range of industries within Australia and New Zealand, North America, and Southeast Asia. It is the largest player in the Australian market, with approximately 5% market share in a very fragmented market. In Southeast Asia and the US it is a smaller player, but with growth ambitions. Redox sources over 5,000 stock keeping units from over 1,000 domestic and global chemical producers. Its customers are from a diverse range of almost 200 industry sub-sectors. About half of annual sales are in the categories of human and animal health and nutrition, and crop production and protection. Other categories include industrial, surface coatings, plastics, rubber and foam, household and personal care, water care, and mining and explosives.

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