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, New Fortress Energy's share price is $13.13.
New Fortress Energy's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $11.84. Hence, New Fortress Energy's PS Ratio for today is 1.11.
The historical rank and industry rank for New Fortress Energy's PS Ratio or its related term are showing as below:
NFE'
s PS Ratio Range Over the Past 10 Years
Min: 0.68 Med: 2.98 Max: 12.72
Current: 1.03
During the past 8 years, New Fortress Energy's highest PS Ratio was 12.72. The lowest was 0.68. And the median was 2.98.
NFE's PS Ratio is ranked better than 57.77% of 502
companies
in the Utilities - Regulated industry
Industry Median: 1.37
vs NFE: 1.03
During the past 12 months, the average Revenue per Share Growth Rate of New Fortress Energy was 11.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 40.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 14.60% per year.
During the past 8 years, New Fortress Energy's highest 3-Year average Revenue per Share Growth Rate was 206.40% per year. The lowest was 5.30% per year. And the median was 40.30% per year.
Back to Basics: PS Ratio
New Fortress Energy PS Ratio Historical Data
The historical data trend for New Fortress Energy'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 New Fortress Energy's PS Ratio
For the Utilities - Regulated Gas subindustry, New Fortress Energy'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.
New Fortress Energy's PS Ratio Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, New Fortress Energy's PS Ratio distribution charts can be found below:
* The bar in red indicates where New Fortress Energy's PS Ratio falls into.
New Fortress Energy 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.
New Fortress Energy's Share Price of today is $13.13. New Fortress Energy'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 $11.84.
* 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:
New Fortress Energy (NAS:NFE) 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.
New Fortress Energy PS Ratio Related Terms
Thank you for viewing the detailed overview of New Fortress Energy's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
New Fortress Energy is an integrated gas-to-power company. Its business model spans the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, terminals, and conversion or development of a natural gas-fired generation. It has invested in floating, liquefied natural gas vessels to both lower the cost of acquiring gas while securing a long-term supply for its terminals. Its segments include terminals and infrastructure, or T&I, and ships.
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