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Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) PS Ratio : 9.80 (As of Sep. 25, 2024)


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What is Precinct Properties NZ & Precinct Properties Investments 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, Precinct Properties NZ & Precinct Properties Investments's share price is NZ$1.215. Precinct Properties NZ & Precinct Properties Investments's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was NZ$0.12. Hence, Precinct Properties NZ & Precinct Properties Investments's PS Ratio for today is 9.80.

The historical rank and industry rank for Precinct Properties NZ & Precinct Properties Investments's PS Ratio or its related term are showing as below:

NZSE:PCT' s PS Ratio Range Over the Past 10 Years
Min: 6.6   Med: 11.89   Max: 21.93
Current: 11.51

During the past 13 years, Precinct Properties NZ & Precinct Properties Investments's highest PS Ratio was 21.93. The lowest was 6.60. And the median was 11.89.

NZSE:PCT's PS Ratio is not ranked
in the REITs industry.
Industry Median: 6.73 vs NZSE:PCT: 11.51

Precinct Properties NZ & Precinct Properties Investments's Revenue per Sharefor the six months ended in Jun. 2024 was NZ$0.05. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was NZ$0.12.

Warning Sign:

Precinct Properties New Zealand Ltd revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Precinct Properties NZ & Precinct Properties Investments was -3.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 6.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 2.10% per year. During the past 10 years, the average Revenue per Share Growth Rate was -3.70% per year.

During the past 13 years, Precinct Properties NZ & Precinct Properties Investments's highest 3-Year average Revenue per Share Growth Rate was 20.30% per year. The lowest was -24.90% per year. And the median was -6.00% per year.

Back to Basics: PS Ratio


Precinct Properties NZ & Precinct Properties Investments PS Ratio Historical Data

The historical data trend for Precinct Properties NZ & Precinct Properties Investments'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.

Precinct Properties NZ & Precinct Properties Investments PS Ratio Chart

Precinct Properties NZ & Precinct Properties Investments Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.02 12.50 12.92 - -

Precinct Properties NZ & Precinct Properties Investments Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 12.92 - - - -

Competitive Comparison of Precinct Properties NZ & Precinct Properties Investments's PS Ratio

For the REIT - Diversified subindustry, Precinct Properties NZ & Precinct Properties Investments'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.


Precinct Properties NZ & Precinct Properties Investments's PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Precinct Properties NZ & Precinct Properties Investments's PS Ratio distribution charts can be found below:

* The bar in red indicates where Precinct Properties NZ & Precinct Properties Investments's PS Ratio falls into.



Precinct Properties NZ & Precinct Properties Investments 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.

Precinct Properties NZ & Precinct Properties Investments's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1.215/0.124
=9.80

Precinct Properties NZ & Precinct Properties Investments's Share Price of today is NZ$1.215.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Precinct Properties NZ & Precinct Properties Investments's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was NZ$0.12.

* 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.


Precinct Properties NZ & Precinct Properties Investments  (NZSE:PCT) 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.


Precinct Properties NZ & Precinct Properties Investments PS Ratio Related Terms

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Precinct Properties NZ & Precinct Properties Investments Business Description

Traded in Other Exchanges
Address
188 Quay Street, Level 12, Auckland, NZL, 1010
Precinct Properties NZ Ltd & Precinct Properties Investments Ltd invests predominantly in prime office properties in the central business districts of New Zealand. The company's operating segment includes Investment properties, Hospitality, and Flexible space. It generates maximum revenue from the Investment properties segment. Some of its properties include ANZ Centre; 10 Madden Street; Mason Brothers; PwC Tower at Commercial Bay and others.

Precinct Properties NZ & Precinct Properties Investments Headlines

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