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, Coda Octopus Group's share price is $8.53.
Coda Octopus Group's Revenue per Share for the trailing twelve months (TTM) ended in Jul. 2024 was $1.66. Hence, Coda Octopus Group's PS Ratio for today is 5.14.
Warning Sign:
Coda Octopus Group Inc stock PS Ratio (=5.14) is close to 5-year high of 5.7
The historical rank and industry rank for Coda Octopus Group's PS Ratio or its related term are showing as below:
CODA'
s PS Ratio Range Over the Past 10 Years
Min: 0.3 Med: 3.07 Max: 7.41
Current: 5.14
During the past 13 years, Coda Octopus Group's highest PS Ratio was 7.41. The lowest was 0.30. And the median was 3.07.
CODA's PS Ratio is ranked worse than 70.72% of 304
companies
in the Aerospace & Defense industry
Industry Median: 2.295
vs CODA: 5.14
Coda Octopus Group Inc 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 Coda Octopus Group was -10.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -1.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -1.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -5.30% per year.
During the past 13 years, Coda Octopus Group's highest 3-Year average Revenue per Share Growth Rate was 23.50% per year. The lowest was -19.20% per year. And the median was -4.65% per year.
Back to Basics: PS Ratio
Coda Octopus Group PS Ratio Historical Data
The historical data trend for Coda Octopus 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 Coda Octopus Group's PS Ratio
For the Aerospace & Defense subindustry, Coda Octopus 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.
Coda Octopus Group's PS Ratio Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Coda Octopus Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where Coda Octopus Group's PS Ratio falls into.
Coda Octopus 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.
Coda Octopus Group's Share Price of today is $8.53. Coda Octopus Group's Revenue per Share for the trailing twelve months (TTM) ended in Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.66.
* 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:
Coda Octopus Group (NAS:CODA) 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.
Coda Octopus Group PS Ratio Related Terms
Thank you for viewing the detailed overview of Coda Octopus Group's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Coda Octopus Group Inc develops underwater technologies and equipment for imaging, mapping defense, and survey applications. It operates in two segments: Marine Technology Business and Marine Engineering Business. The Technology Business develops proprietary solutions for both the commercial and defense subsea market. Its solutions include hardware and software for Geophysical Systems, Motion & Positioning Systems, and Real-Time Volumetric Imaging Sonar. The Engineering Business segment provides engineering services to a range of clients in the defense markets. Its geographical segments are the Americas, Europe, Australia/Asia, and the Middle East/Africa. The majority of revenue is derived from the Marine Technology Business segment.
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