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, Miller Energy Resources's share price is $0.03.
Miller Energy Resources's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2015 was $0.00. Hence, Miller Energy Resources's PS Ratio for today is .
Good Sign:
Miller Energy Resources Inc stock P/S Ratio (=0.02) is close to 10-year low of 0.02
The historical rank and industry rank for Miller Energy Resources's PS Ratio or its related term are showing as below:
MILOQ.PFD'
s PS Ratio Range Over the Past 10 Years
Min: 0.02 Med: 4.46 Max: 52.8
Current: 0.03
During the past 13 years, Miller Energy Resources's highest PS Ratio was 52.80. The lowest was 0.02. And the median was 4.46.
MILOQ.PFD's PS Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.165
vs MILOQ.PFD: 0.03
During the past 12 months, the average Revenue per Share Growth Rate of Miller Energy Resources was 55.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 36.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 67.60% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 27.30% per year.
During the past 13 years, Miller Energy Resources's highest 3-Year average Revenue per Share Growth Rate was 119.00% per year. The lowest was -33.30% per year. And the median was 7.20% per year.
* 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 Miller Energy Resources's PS Ratio
For the Oil & Gas E&P subindustry, Miller Energy Resources'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.
Miller Energy Resources's PS Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Miller Energy Resources's PS Ratio distribution charts can be found below:
* The bar in red indicates where Miller Energy Resources's PS Ratio falls into.
Miller Energy Resources 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.
Miller Energy Resources's Share Price of today is $0.03. Miller Energy Resources's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2015 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:
Miller Energy Resources (OTCPK:MILOQ.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.
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.
Miller Energy Resources PS Ratio Related Terms
Thank you for viewing the detailed overview of Miller Energy Resources's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Miller Energy Resources (Miller Energy Resources) Business Description
Miller Energy Resources Inc was formed in Delaware in November 1985. In January 1997, it acquired Miller Petroleum, Inc., a privately-held company, in a reverse merger in which Miller Petroleum, Inc. In conjunction with this transaction, the Company changed its name to Miller Petroleum, Inc. and re-domesticated to the State of Tennessee. The Company is an exploration and production company that utilizes seismic data and other technologies for the geophysical exploration, development and production of oil and natural gas wells in the Cook Inlet Basin of southcentral Alaska and the Appalachian region of eastern Tennessee. The Company focuses its efforts on activities in the Cook Inlet and Susitna Basins of Alaska as well as the Appalachian region of East Tennessee. The Cook Inlet Basin contains large oil and gas deposits including multiple offshore fields. The Cook Inlet is a vast estuary stretching 180 miles from the Gulf of Alaska to Anchorage in southcentral Alaska. The Inlet separates the Kenai Peninsula in the east from the Alaska Peninsula in the west. The Cook Inlet Basin underlying this region contains large oil and gas deposits including several offshore fields. There are also numerous oil and gas pipelines located in and under the Cook Inlet. The Cook Inlet Basin has produced approximately 1.3 billion barrels of oil and 7.8 trillion cubic feet ('tcf') of natural gas. The Susitna Basin underlies the sprawling Susitna River valley to the north of Anchorage. The Susitna Basin lies directly north of the Cook Inlet Basin, separated by the Castle Mountain Fault, and has similar geology. Wells drilled within its acreage range from approximately 1,500 to 4,200 feet in depth with major targets in descending order being: the Mississippian age Monteagle Limestone and Fort Payne Limestone, and the Devonian age Chattanooga Shale, with the Fort Payne Limestone being the primary oil target. The existing markets for natural gas production in southcentral Alaska are the Tesoro Nikiski Refinery, utility companies, petrochemical manufacturing, the production of LNG for export to Asian markets, and the production of synthetic crude oil ('syncrude'). Presently, its sole market for crude oil produced from its Alaskan operations is the Tesoro Nikiski Refinery. Crude oil is shipped by pipeline and tanker vessel to the Tesoro Nikiski Refinery, operated by Tesoro Alaska Petroleum Company ('Tesoro'). It competes with a number of other companies doing business in Alaska, Tennessee and elsewhere, including large oil and gas companies and other operators. The Company's exploration and production business is subject to various federal, state and local laws and regulations on the taxation of natural gas and oil, the development, production and marketing of natural gas and oil and environmental and safety matters.
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