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Legacy Housing (Legacy Housing) PS Ratio : 2.70 (As of May. 01, 2024)


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What is Legacy Housing 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, Legacy Housing's share price is $20.37. Legacy Housing's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $7.53. Hence, Legacy Housing's PS Ratio for today is 2.70.

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

LEGH' s PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.11   Max: 3.4
Current: 2.72

During the past 8 years, Legacy Housing's highest PS Ratio was 3.40. The lowest was 1.24. And the median was 2.11.

LEGH's PS Ratio is ranked worse than
88.35% of 103 companies
in the Homebuilding & Construction industry
Industry Median: 0.87 vs LEGH: 2.72

Legacy Housing's Revenue per Sharefor the three months ended in Dec. 2023 was $1.35. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $7.53.

Warning Sign:

Legacy Housing Corp revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Legacy Housing was -27.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 1.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 3.00% per year.

During the past 8 years, Legacy Housing's highest 3-Year average Revenue per Share Growth Rate was 14.50% per year. The lowest was 0.50% per year. And the median was 7.70% per year.

Back to Basics: PS Ratio


Legacy Housing PS Ratio Historical Data

The historical data trend for Legacy Housing'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.

Legacy Housing PS Ratio Chart

Legacy Housing Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial 2.41 2.07 3.25 1.83 3.34

Legacy Housing Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.83 2.27 2.43 2.09 3.34

Competitive Comparison of Legacy Housing's PS Ratio

For the Residential Construction subindustry, Legacy Housing'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.


Legacy Housing's PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Legacy Housing's PS Ratio distribution charts can be found below:

* The bar in red indicates where Legacy Housing's PS Ratio falls into.



Legacy Housing 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.

Legacy Housing's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=20.37/7.532
=2.70

Legacy Housing's Share Price of today is $20.37.
Legacy Housing's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.53.

* 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.


Legacy Housing  (NAS:LEGH) 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.


Legacy Housing PS Ratio Related Terms

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


Legacy Housing (Legacy Housing) Business Description

Traded in Other Exchanges
N/A
Address
1600 Airport Freeway, Suite No. 100, Bedford, TX, USA, 76022
Legacy Housing Corp builds, sell, and finance manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores and also sold directly to manufactured home communities. The company also provides financing options to customers to facilitate the sale of homes.
Executives
Curtis Drew Hodgson director, 10 percent owner, officer: Co-Chief Executive Officer 15400 KNOLL TRAIL STE 101 LB 25, DALLAS TX 75248
Kenneth E Shipley director, 10 percent owner, officer: Co-Chief Executive Officer PO BOX 749, LEVELLAND TX 79336
William G Shipley 10 percent owner C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Robert Duncan Bates director C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Douglas M Shipley 10 percent owner PO BOX 749, LEVELLAND TX 79336
Jeffrey Mark Fiedelman officer: CFO 7026 BAXTERSHIRE DRIVE, DALLAS TX 75230
Jeffrey V Burt officer: CFO and Treasurer C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Francisco Javier Coll director C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Ronald Carter Arrington officer: CFO C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Joseph Phillip Lane director C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Jeffrey Kyle Stouder director C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Stephen Lynn Crawford director C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Neal J Suit officer: Exec VP, GC and Secretary C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Mark E Bennett director C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022
Philip Thomas Blazek director 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201

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