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, Asia Dragon Trust's share price is £4.19.
Asia Dragon Trust's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2024 was £0.46. Hence, Asia Dragon Trust's PS Ratio for today is 9.15.
Warning Sign:
Asia Dragon Trust PLC stock PS Ratio (=9.32) is close to 3-year high of 9.65
The historical rank and industry rank for Asia Dragon Trust's PS Ratio or its related term are showing as below:
CHIX:DGNl'
s PS Ratio Range Over the Past 10 Years
Min: 3.78 Med: 9.52 Max: 60.43
Current: 9.57
During the past 13 years, Asia Dragon Trust's highest PS Ratio was 60.43. The lowest was 3.78. And the median was 9.52.
CHIX:DGNl's PS Ratio is ranked worse than 65.51% of 1473
companies
in the Asset Management industry
Industry Median: 6.93
vs CHIX:DGNl: 9.57
Asia Dragon Trust PLC revenue per share has been in decline over the past 3 years.
During the past 3 years, the average Revenue per Share Growth Rate was -23.40% per year.
During the past 13 years, Asia Dragon Trust's highest 3-Year average Revenue per Share Growth Rate was 143.40% per year. The lowest was -51.50% per year. And the median was -1.60% per year.
Back to Basics: PS Ratio
Asia Dragon Trust PS Ratio Historical Data
The historical data trend for Asia Dragon Trust'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 Asia Dragon Trust's PS Ratio
For the Asset Management subindustry, Asia Dragon Trust'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.
Asia Dragon Trust's PS Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Asia Dragon Trust's PS Ratio distribution charts can be found below:
* The bar in red indicates where Asia Dragon Trust's PS Ratio falls into.
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.
Asia Dragon Trust's Share Price of today is £4.19.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Asia Dragon Trust's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2024 was £0.46.
* 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:
Asia Dragon Trust (CHIX:DGNl) 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.
Asia Dragon Trust PS Ratio Related Terms
Thank you for viewing the detailed overview of Asia Dragon Trust's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Asia Dragon Trust PLC is an investment trust located in the United Kingdom. The company's primary objective is to achieve long-term capital growth through investment in the Far East with the exception of Japan and Australasia. Its investments are in stock market principally in large companies whose shares are considered to be attractively priced. The company focuses on diversified investments in various sectors such as Aerospace & Defense, Banks, Automobiles, Construction Materials, Industrial Conglomerates, Real Estate Management & Development, Wireless Telecommunication Services and others. Maximum of revenue is from semiconductor and Equipements.
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