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EDBL (Edible Garden AG) PS Ratio : 0.01 (As of Dec. 14, 2024)


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What is Edible Garden AG 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, Edible Garden AG's share price is $0.1574. Edible Garden AG's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $28.59. Hence, Edible Garden AG's PS Ratio for today is 0.01.

Good Sign:

Edible Garden AG Inc stock PS Ratio (=0.01) is close to 3-year low of 0.01

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

EDBL' s PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.06   Max: 2.17
Current: 0.01

During the past 4 years, Edible Garden AG's highest PS Ratio was 2.17. The lowest was 0.01. And the median was 0.06.

EDBL's PS Ratio is ranked better than
99.95% of 1884 companies
in the Consumer Packaged Goods industry
Industry Median: 0.96 vs EDBL: 0.01

Edible Garden AG's Revenue per Sharefor the three months ended in Sep. 2024 was $0.82. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $28.59.

During the past 12 months, the average Revenue per Share Growth Rate of Edible Garden AG was -89.80% per year.

Back to Basics: PS Ratio


Edible Garden AG PS Ratio Historical Data

The historical data trend for Edible Garden AG'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.

Edible Garden AG PS Ratio Chart

Edible Garden AG Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PS Ratio
- - 0.14 0.12

Edible Garden AG Quarterly Data
Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.12 0.08 0.03 0.01

Competitive Comparison of Edible Garden AG's PS Ratio

For the Farm Products subindustry, Edible Garden AG'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.


Edible Garden AG's PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Edible Garden AG's PS Ratio distribution charts can be found below:

* The bar in red indicates where Edible Garden AG's PS Ratio falls into.



Edible Garden AG 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.

Edible Garden AG's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.1574/28.594
=0.01

Edible Garden AG's Share Price of today is $0.1574.
Edible Garden AG's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $28.59.

* 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.


Edible Garden AG  (NAS:EDBL) 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.


Edible Garden AG PS Ratio Related Terms

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Edible Garden AG Business Description

Traded in Other Exchanges
N/A
Address
283 County Road 519, Belvidere, NJ, USA, 07823
Edible Garden AG Inc is a next-generation controlled environment agriculture farming company. It uses traditional agricultural growing techniques together with technology to grow fresh, organic food, sustainably and safely while improving traceability. The company uses the controlled environment of traditional greenhouse structures, such as glass greenhouses, together with hydroponic and vertical greenhouses to sustainably grow organic herbs and lettuces.
Executives
James E. Kras director, 10 percent owner, officer: President and CEO C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Mathew J. Mcconnell director C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Pamela Donaroma director C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Deborah Pawlowski director C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Michael C James director, 10 percent owner, officer: Chief Financial Officer 2040 MAIN STREET, SUITE 225, IRVINE CA 92614
Tracy A. Nazzaro director C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Ryan L. Rogers director C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823