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, Nordnet AB (publ)'s share price is kr158.20.
Nordnet AB (publ)'s Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was kr18.63. Hence, Nordnet AB (publ)'s PS Ratio for today is 8.49.
Warning Sign:
Nordnet AB (publ) stock PS Ratio (=11.74) is close to 1-year high of 11.74
The historical rank and industry rank for Nordnet AB (publ)'s PS Ratio or its related term are showing as below:
LTS:0A6V'
s PS Ratio Range Over the Past 10 Years
Min: 8.38 Med: 11.11 Max: 15.47
Current: 11.74
During the past 13 years, Nordnet AB (publ)'s highest PS Ratio was 15.47. The lowest was 8.38. And the median was 11.11.
LTS:0A6V's PS Ratio is ranked worse than 79.07% of 755
companies
in the Capital Markets industry
Industry Median: 4.01
vs LTS:0A6V: 11.74
During the past 12 months, the average Revenue per Share Growth Rate of Nordnet AB (publ) was 29.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 19.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 28.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 11.60% per year.
During the past 13 years, Nordnet AB (publ)'s highest 3-Year average Revenue per Share Growth Rate was 39.50% per year. The lowest was -10.10% per year. And the median was 10.90% per year.
Back to Basics: PS Ratio
Nordnet AB (publ) PS Ratio Historical Data
The historical data trend for Nordnet AB (publ)'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 Nordnet AB (publ)'s PS Ratio
For the Capital Markets subindustry, Nordnet AB (publ)'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.
Nordnet AB (publ)'s PS Ratio Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nordnet AB (publ)'s PS Ratio distribution charts can be found below:
* The bar in red indicates where Nordnet AB (publ)'s PS Ratio falls into.
Nordnet AB (publ) 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.
Nordnet AB (publ)'s Share Price of today is kr158.20. Nordnet AB (publ)'s Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr18.63.
* 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:
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.
Nordnet AB (publ) PS Ratio Related Terms
Thank you for viewing the detailed overview of Nordnet AB (publ)'s PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Nordnet AB (publ) is a digital platform in the Nordics for savings and investments. The company operates in Sweden, Norway, Denmark and Finland. Nordnet's purpose is to democratize savings and investments. It provides trading in a large number of equities, funds and other types of securities from several markets at a low price, as well as pension savings without fixed fees. The firm also offers margin loans, private loans and mortgages. There are a number of user-interfaces to choose from, such as web, app or more advanced trading applications. Digital financial guidance tools are offered to customers who want help and inspiration with their savings. Nordnet also runs the largest social investment network in the Nordics, Shareville.
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