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, Solidarity Bahrain BSC's share price is BHD0.317.
Solidarity Bahrain BSC's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was BHD0.24. Hence, Solidarity Bahrain BSC's PS Ratio for today is 1.32.
The historical rank and industry rank for Solidarity Bahrain BSC's PS Ratio or its related term are showing as below:
BAH:SOLID'
s PS Ratio Range Over the Past 10 Years
Min: 0.91 Med: 1.74 Max: 4.33
Current: 1.32
During the past 13 years, Solidarity Bahrain BSC's highest PS Ratio was 4.33. The lowest was 0.91. And the median was 1.74.
BAH:SOLID's PS Ratio is ranked worse than 60.33% of 489
companies
in the Insurance industry
Industry Median: 1.07
vs BAH:SOLID: 1.32
Solidarity Bahrain BSC revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Solidarity Bahrain BSC was -6.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 16.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 10.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 9.10% per year.
During the past 13 years, Solidarity Bahrain BSC's highest 3-Year average Revenue per Share Growth Rate was 43.60% per year. The lowest was -62.00% per year. And the median was 5.90% per year.
* 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 Solidarity Bahrain BSC's PS Ratio
For the Insurance - Diversified subindustry, Solidarity Bahrain BSC'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.
Solidarity Bahrain BSC's PS Ratio Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Solidarity Bahrain BSC's PS Ratio distribution charts can be found below:
* The bar in red indicates where Solidarity Bahrain BSC's PS Ratio falls into.
Solidarity Bahrain BSC 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.
Solidarity Bahrain BSC's Share Price of today is BHD0.317. Solidarity Bahrain BSC's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was BHD0.24.
* 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:
Solidarity Bahrain BSC (BAH:SOLID) 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.
Solidarity Bahrain BSC PS Ratio Related Terms
Thank you for viewing the detailed overview of Solidarity Bahrain BSC's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Solidarity Bahrain BSC (BAH:SOLID) Business Description
Solidarity Bahrain BSC is engaged in providing insurance services in Bahrain. The company provides home protection plans, motor insurance, personal accident, medical insurance, travel insurance, yacht and pleasure boat insurance, and other products. It operates in the following business segments: i) Non-motor which includes fire, marine, general accident, liability, Aviation, and engineering lines of business, ii) Motor, iii) Medical iv) Group Life which includes group life and credit life business, and v) Family Takaful which includes long-term decreasing term and level term business.
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