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, Transurban Group's share price is A$12.57.
Transurban Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$1.38. Hence, Transurban Group's PS Ratio for today is 9.12.
Good Sign:
Transurban Group stock PS Ratio (=9.21) is close to 3-year low of 8.8
The historical rank and industry rank for Transurban Group's PS Ratio or its related term are showing as below:
ASX:TCL'
s PS Ratio Range Over the Past 10 Years
Min: 6.5 Med: 9.99 Max: 14.21
Current: 9.11
During the past 13 years, Transurban Group's highest PS Ratio was 14.21. The lowest was 6.50. And the median was 9.99.
ASX:TCL's PS Ratio is ranked worse than 96.15% of 1662
companies
in the Construction industry
Industry Median: 0.78
vs ASX:TCL: 9.11
Transurban Group revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Transurban Group was 2.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 0.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -5.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 5.40% per year.
During the past 13 years, Transurban Group's highest 3-Year average Revenue per Share Growth Rate was 22.90% per year. The lowest was -11.40% per year. And the median was 7.50% per year.
Back to Basics: PS Ratio
Transurban Group PS Ratio Historical Data
The historical data trend for Transurban 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.
Competitive Comparison of Transurban Group's PS Ratio
For the Infrastructure Operations subindustry, Transurban 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.
Transurban Group's PS Ratio Distribution in the Construction Industry
For the Construction industry and Industrials sector, Transurban Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where Transurban Group's PS Ratio falls into.
Transurban 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.
Transurban Group's Share Price of today is A$12.57.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Transurban Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$1.38.
* 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.
Transurban Group PS Ratio Related Terms
Thank you for viewing the detailed overview of Transurban Group's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Transurban Group is an owner/operator of toll roads in Melbourne, Sydney, and Brisbane. It also owns toll roads in Virginia, USA and Montreal, Canada. The weighted average concession life across the portfolio is about 28 years. Australian assets contribute around 90% of proportional revenue.
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