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MS (Morgan Stanley) PS Ratio : 3.77 (As of Dec. 12, 2024)


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What is Morgan Stanley 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, Morgan Stanley's share price is $127.59. Morgan Stanley's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $33.82. Hence, Morgan Stanley's PS Ratio for today is 3.77.

Warning Sign:

Morgan Stanley stock PS Ratio (=3.77) is close to 10-year high of 3.98

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

MS' s PS Ratio Range Over the Past 10 Years
Min: 1.25   Med: 2.45   Max: 3.98
Current: 3.77

During the past 13 years, Morgan Stanley's highest PS Ratio was 3.98. The lowest was 1.25. And the median was 2.45.

MS's PS Ratio is ranked better than
52.45% of 755 companies
in the Capital Markets industry
Industry Median: 4.07 vs MS: 3.77

Morgan Stanley's Revenue per Sharefor the three months ended in Sep. 2024 was $8.91. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $33.82.

Good Sign:

Morgan Stanley has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Morgan Stanley was 11.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 7.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was 8.20% per year.

During the past 13 years, Morgan Stanley's highest 3-Year average Revenue per Share Growth Rate was 22.80% per year. The lowest was -19.10% per year. And the median was 3.95% per year.

Back to Basics: PS Ratio


Morgan Stanley PS Ratio Historical Data

The historical data trend for Morgan Stanley'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.

Morgan Stanley PS Ratio Chart

Morgan Stanley Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 2.43 3.16 2.90 3.03

Morgan Stanley Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.68 3.03 3.00 2.99 3.08

Competitive Comparison of Morgan Stanley's PS Ratio

For the Capital Markets subindustry, Morgan Stanley'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.


Morgan Stanley's PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Morgan Stanley's PS Ratio distribution charts can be found below:

* The bar in red indicates where Morgan Stanley's PS Ratio falls into.



Morgan Stanley 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.

Morgan Stanley's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=127.59/33.817
=3.77

Morgan Stanley's Share Price of today is $127.59.
Morgan Stanley's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $33.82.

* 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.


Morgan Stanley  (NYSE:MS) 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.


Morgan Stanley PS Ratio Related Terms

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Morgan Stanley Business Description

Address
1585 Broadway, New York, NY, USA, 10036
Morgan Stanley is a global investment bank whose history, through its legacy firms, can be traced back to 1924. The company has institutional securities, wealth management, and investment management segments with approximately 45% of net revenue from its institutional securities business, 45% from wealth management, and 10% from investment management. About 30% of its total revenue is from outside the Americas. The company had over $5 trillion of client assets as well as around 80,000 employees at the end of 2023.
Executives
Stephen J Luczo director
Mandell Crawley officer: Chief Human Resources Officer 1585 BROADWAY, NEW YORK NY 10036
Sharon Yeshaya officer: Chief Financial Officer C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Raja Akram officer: Deputy Chief Financial Officer 1585 BROADWAY, NEW YORK NY 10036
Daniel A Simkowitz officer: Head of Investment Management C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Robert H Herz director C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
James P Gorman other: Business Unit Head C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Smith Charles Aubrey Iii officer: Chief Risk Officer 1585 BROADWAY, NEW YORK NY 10036
Andrew M Saperstein officer: Head of Wealth Management 1585 BROADWAY, NEW YORK NY 10036
Eric F Grossman officer: Chief Legal Officer C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Edward N Pick officer: Head of Inst'l Securities 1585 BROADWAY, NEW YORK NY 10036
Thomas H Glocer director 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Alistair Darling director C/O MORGAN STANLEY 1585 BROADWAY, NEW YORK X1 10036
Masato Miyachi director C/O MORGAN STANLEY 1585 BROADWAY, NEW YORK NY 10036
Keishi Hotsuki officer: Interim Chief Risk Officer C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036