GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Myers Industries Inc (FRA:MJF) » Definitions » PS Ratio

Myers Industries (FRA:MJF) PS Ratio : 0.55 (As of Mar. 31, 2025)


View and export this data going back to 2014. Start your Free Trial

What is Myers Industries 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, Myers Industries's share price is €11.30. Myers Industries's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2024 was €20.72. Hence, Myers Industries's PS Ratio for today is 0.55.

Good Sign:

Myers Industries Inc stock PS Ratio (=0.53) is close to 10-year low of 0.48.

The historical rank and industry rank for Myers Industries's PS Ratio or its related term are showing as below:

FRA:MJF' s PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.94   Max: 1.57
Current: 0.53

During the past 13 years, Myers Industries's highest PS Ratio was 1.57. The lowest was 0.48. And the median was 0.94.

FRA:MJF's PS Ratio is ranked better than
67.43% of 393 companies
in the Packaging & Containers industry
Industry Median: 0.77 vs FRA:MJF: 0.53

Myers Industries's Revenue per Sharefor the three months ended in Dec. 2024 was €5.14. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2024 was €20.72.

Warning Sign:

Myers Industries Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Myers Industries was 2.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 10.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 2.40% per year.

During the past 13 years, Myers Industries's highest 3-Year average Revenue per Share Growth Rate was 29.00% per year. The lowest was -7.40% per year. And the median was 3.70% per year.

Back to Basics: PS Ratio


Myers Industries PS Ratio Historical Data

The historical data trend for Myers Industries'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.

Myers Industries PS Ratio Chart

Myers Industries Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 0.96 0.91 0.89 0.49

Myers Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only 0.89 1.07 0.61 0.63 0.49

Competitive Comparison of Myers Industries's PS Ratio

For the Packaging & Containers subindustry, Myers Industries'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.


Myers Industries's PS Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Myers Industries's PS Ratio distribution charts can be found below:

* The bar in red indicates where Myers Industries's PS Ratio falls into.


;
;

Myers Industries 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.

Myers Industries's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=11.30/20.722
=0.55

Myers Industries's Share Price of today is €11.30.
Myers Industries's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €20.72.

* 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.


Myers Industries  (FRA:MJF) 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.


Myers Industries PS Ratio Related Terms

Thank you for viewing the detailed overview of Myers Industries's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Myers Industries Business Description

Traded in Other Exchanges
Address
1293 South Main Street, Akron, OH, USA, 44301
Myers Industries Inc designs, manufactures, and markets a variety of plastic, metal, and rubber products, including a broad selection of plastic reusable containers, pallets, small parts bins, bulk shipping containers, storage and organization products, OEM parts, custom plastic products, consumer fuel containers and tanks for water, fuel and waste handling. It operates through the following segments: The Material Handling segment manufactures a selection of durable plastic reusable products that are used repeatedly during the course of their service life. The Distribution segment is engaged in the distribution of equipment, tools, and supplies used for tire servicing and automotive under-vehicle repair, etc. It generates the majority of its revenue from the Material Handling segment.