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, The Michaels's share price is $21.97.
The Michaels's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2021 was $35.57. Hence, The Michaels's PS Ratio for today is 0.62.
Warning Sign:
The Michaels Companies Inc stock PS Ratio (=0.62) is close to 3-year high of 0.62
The historical rank and industry rank for The Michaels's PS Ratio or its related term are showing as below:
MIK'
s PS Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.7 Max: 1.59
Current: 0.6
During the past 11 years, The Michaels's highest PS Ratio was 1.59. The lowest was 0.05. And the median was 0.70.
MIK's PS Ratio is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.69
vs MIK: 0.60
The Michaels Companies Inc revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of The Michaels was -2.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 7.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 6.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 7.80% per year.
During the past 11 years, The Michaels's highest 3-Year average Revenue per Share Growth Rate was 12.80% per year. The lowest was 3.60% per year. And the median was 7.35% per year.
Back to Basics: PS Ratio
The Michaels PS Ratio Historical Data
The historical data trend for The Michaels'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.
For the Specialty Retail subindustry, The Michaels'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.
The Michaels's PS Ratio Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, The Michaels's PS Ratio distribution charts can be found below:
* The bar in red indicates where The Michaels's PS Ratio falls into.
The Michaels 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.
The Michaels's PS Ratio for today is calculated as
The Michaels's Share Price of today is $21.97. The Michaels's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $35.57.
* 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.
The Michaels PS Ratio Related Terms
Thank you for viewing the detailed overview of The Michaels's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
The Michaels Companies Inc is an arts and crafts specialty retailer in North America. The company provides materials, project ideas, and education for creative activities like crafting classes, store events, store displays, mobile applications, and online videos. Michaels' revenue segments are general crafts, home decor and seasonal, Custom and ready-made framing, and paper crafting. Aaron Brothers offer unique framing assortments. The company operates its own distribution network through a wholly-owned subsidiary to supply merchandise in the stores.
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