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Notore Chemical Industries (NSA:NOTORE) PS Ratio : 4.68 (As of Jun. 23, 2024)


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What is Notore Chemical Industries 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, Notore Chemical Industries's share price is ₦62.50. Notore Chemical Industries's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₦13.36. Hence, Notore Chemical Industries's PS Ratio for today is 4.68.

Good Sign:

Notore Chemical Industries PLC stock PS Ratio (=4.68) is close to 1-year low of 4.68

The historical rank and industry rank for Notore Chemical Industries's PS Ratio or its related term are showing as below:

NSA:NOTORE' s PS Ratio Range Over the Past 10 Years
Min: 3.06   Med: 4.68   Max: 9.81
Current: 4.68

During the past 7 years, Notore Chemical Industries's highest PS Ratio was 9.81. The lowest was 3.06. And the median was 4.68.

NSA:NOTORE's PS Ratio is ranked worse than
87.19% of 242 companies
in the Agriculture industry
Industry Median: 1.09 vs NSA:NOTORE: 4.68

Notore Chemical Industries's Revenue per Sharefor the three months ended in Dec. 2023 was ₦5.48. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₦13.36.

Warning Sign:

Notore Chemical Industries PLC revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Notore Chemical Industries was -33.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 4.70% per year.

During the past 7 years, Notore Chemical Industries's highest 3-Year average Revenue per Share Growth Rate was 14.70% per year. The lowest was -19.40% per year. And the median was 4.70% per year.

Back to Basics: PS Ratio


Notore Chemical Industries PS Ratio Historical Data

The historical data trend for Notore Chemical Industries'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.

Notore Chemical Industries PS Ratio Chart

Notore Chemical Industries Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial 4.70 5.36 - 3.12 4.68

Notore Chemical Industries Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.12 5.03 7.23 8.35 4.68

Competitive Comparison of Notore Chemical Industries's PS Ratio

For the Agricultural Inputs subindustry, Notore Chemical Industries'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.


Notore Chemical Industries's PS Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Notore Chemical Industries's PS Ratio distribution charts can be found below:

* The bar in red indicates where Notore Chemical Industries's PS Ratio falls into.



Notore Chemical Industries 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.

Notore Chemical Industries's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=62.50/13.363
=4.68

Notore Chemical Industries's Share Price of today is ₦62.50.
Notore Chemical Industries's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦13.36.

* 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.


Notore Chemical Industries  (NSA:NOTORE) 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.


Notore Chemical Industries PS Ratio Related Terms

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Notore Chemical Industries (NSA:NOTORE) Business Description

Traded in Other Exchanges
N/A
Address
Notore Industrial Complex, Onne, Rivers State, NGA
Notore Chemical Industries PLC is a Nigerian company that manufactures chemical products. The company manufactures, treats, processes, produces, supplies and deals in nitrogenous fertilizers and all substances suited to improving the fertility of soil and water. It generates maximum revenue from Urea and other chemicals. The company offers products including NPK, Ammonia and Urea, and other chemicals. Geographically, it derives a majority of revenue from Nigeria.

Notore Chemical Industries (NSA:NOTORE) Headlines

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