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Legacy Reserves (Legacy Reserves) PS Ratio : (As of May. 26, 2024)


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What is Legacy Reserves 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 Reserves's share price is $13.30. Legacy Reserves's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2019 was $0.00. Hence, Legacy Reserves's PS Ratio for today is .

Warning Sign:

Legacy Reserves Inc stock PS Ratio (=1.09) is close to 2-year high of 1.09

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

LGCYO.PFD' s PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.82   Max: 1.53
Current: 1.09

During the past 13 years, Legacy Reserves's highest PS Ratio was 1.53. The lowest was 0.21. And the median was 0.82.

LGCYO.PFD's PS Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.19 vs LGCYO.PFD: 1.09

Legacy Reserves's Revenue per Sharefor the three months ended in Sep. 2019 was $0.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2019 was $0.00.

Warning Sign:

Legacy Reserves 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 Legacy Reserves was -25.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 0.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was -10.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was -0.70% per year.

During the past 13 years, Legacy Reserves's highest 3-Year average Revenue per Share Growth Rate was 45.90% per year. The lowest was -21.20% per year. And the median was 7.40% per year.

Back to Basics: PS Ratio


Legacy Reserves PS Ratio Historical Data

The historical data trend for Legacy Reserves'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 Reserves PS Ratio Chart

Legacy Reserves Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.26 0.82

Legacy Reserves Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.81 0.82 0.85 0.98 -

Competitive Comparison of Legacy Reserves's PS Ratio

For the Oil & Gas E&P subindustry, Legacy Reserves'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 Reserves's PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Legacy Reserves's PS Ratio distribution charts can be found below:

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



Legacy Reserves 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 Reserves's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=13.30/
=

Legacy Reserves's Share Price of today is $13.30.
Legacy Reserves's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00.

* 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 Reserves  (NAS:LGCYO.PFD) 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 Reserves PS Ratio Related Terms

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Legacy Reserves (Legacy Reserves) Business Description

Traded in Other Exchanges
N/A
Address
303 West Wall Street, Suite 1800, Midland, TX, USA, 79701
Legacy Reserves LP is a limited partnership which focuses on the acquisition and development of oil and natural gas properties primarily located in the Permian Basin, East Texas, Rocky Mountain and Mid-Continent regions of the United States. The company owns an interest in producing oil and natural gas properties in the Permian Basin, East Texas, Piceance Basin of Colorado, Texas Panhandle, Wyoming, North Dakota, Montana, Oklahoma and several other states. The company operates through the segment being the Acquisition and development of oil and natural gas properties.
Executives
Robert L Norris officer: Chief Financial Officer 303 W. WALL ST, SUITE 1800, MIDLAND TX 79701
Ferrara Albert E Iii officer: See Remarks 303 W WALL ST, SUITE 1800, MIDLAND TX 79701
Elliott Cory J officer: Chief Information Officer 303 W WALL ST, SUITE 1800, MIDLAND TX 79701
Douglas W York director 1776 LINCOLN ST, STE 700, DENVER CO 80202
Baines Creek Capital, Llc 10 percent owner 11940 JOLLYVILLE, SUITE 210-S, AUSTIN TX 78759
William R Granberry director ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
D Dwight Scott director 1601 N.W. EXPRESSWAY, SUITE 1600, OKLAHOMA CITY OK 73118
Kyle D Vann director 11 HEPPLEWHITE WAY, THE WOODLANDS TX 77382
Cary D Brown director C/O LEGACY RESERVES GP, LLC, 303 W. WALL STREET, SUITE 1600, MIDLAND TX 79701
G Larry Lawrence director C/O LEGACY RESERVES GP, LLC, 303 W. WALL STREET, SUITE 1600, MIDLAND TX 79701
Kyle A Mcgraw officer: EVP and CDO C/O LEGACY RESERVES GP, LLC, 303 W. WALL STREET, SUITE 1600, MIDLAND TX 79701
Paul T Horne director, officer: Chairman and CEO C/O LEGACY RESERVES GP, LLC, 303 W. WALL STREET, SUITE 1600, MIDLAND TX 79701
Micah C. Foster officer: CAO and Controller 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
Dan G. Leroy officer: VP, GC and Secretary 303 W. WALL STREET, SUITE 4200, MIDLAND TX 79701
James Daniel Westcott officer: President and CFO C/O LEGACY RESERVES GP LLC, 303 W WALL STREET SUITE 1400, MIDLAND TX 79701