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PFS (Provident Financial Services) PS Ratio : 2.59 (As of Mar. 17, 2025)


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What is Provident Financial Services 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, Provident Financial Services's share price is $17.15. Provident Financial Services's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2024 was $6.61. Hence, Provident Financial Services's PS Ratio for today is 2.59.

The historical rank and industry rank for Provident Financial Services's PS Ratio or its related term are showing as below:

PFS' s PS Ratio Range Over the Past 10 Years
Min: 1.87   Med: 4.04   Max: 5.78
Current: 2.59

During the past 13 years, Provident Financial Services's highest PS Ratio was 5.78. The lowest was 1.87. And the median was 4.04.

PFS's PS Ratio is ranked better than
50.33% of 1530 companies
in the Banks industry
Industry Median: 2.59 vs PFS: 2.59

Provident Financial Services's Revenue per Sharefor the three months ended in Dec. 2024 was $1.88. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2024 was $6.61.

Warning Sign:

Provident Financial Services Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Provident Financial Services was -1.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 3.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.60% per year.

During the past 13 years, Provident Financial Services's highest 3-Year average Revenue per Share Growth Rate was 101.80% per year. The lowest was 1.60% per year. And the median was 4.50% per year.

Back to Basics: PS Ratio


Provident Financial Services PS Ratio Historical Data

The historical data trend for Provident Financial Services'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.

Provident Financial Services PS Ratio Chart

Provident Financial Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.25 4.09 3.16 2.82 2.98

Provident Financial Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.82 2.36 2.32 2.96 2.98

Competitive Comparison of Provident Financial Services's PS Ratio

For the Banks - Regional subindustry, Provident Financial Services'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.


Provident Financial Services's PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Provident Financial Services's PS Ratio distribution charts can be found below:

* The bar in red indicates where Provident Financial Services's PS Ratio falls into.



Provident Financial Services 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.

Provident Financial Services's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=17.15/6.609
=2.59

Provident Financial Services's Share Price of today is $17.15.
Provident Financial Services's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.61.

* 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.


Provident Financial Services  (NYSE:PFS) 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.


Provident Financial Services PS Ratio Related Terms

Thank you for viewing the detailed overview of Provident Financial Services's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Provident Financial Services Business Description

Traded in Other Exchanges
Address
239 Washington Street, Jersey, NJ, USA, 07302
Provident Financial Services Inc is the holding company for The Provident Bank, a community-oriented bank. The Company's operations are solely in the financial services industry and include providing traditional banking and other financial services to its customers. The Company operates in the geographical regions of northern and central New Jersey, Queens and Nassau Counties in New York and eastern Pennsylvania. The Company has a single reporting segment for financial reporting purposes. The majority of the revenue-generating activities that are components of non-interest income are These revenue streams can generally be classified into three broad categories: wealth management revenue, insurance agency income, and banking service charges and other fees.
Executives
James A. Christy officer: SVP, CRO of Provident Bank, other: General Auditor 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Christopher P Martin officer: President
Edward J Leppert director C/O SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
Frank L Fekete director
Walter Sierotko officer: EVP/CLO of Provident Bank 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Vito Giannola officer: EVP & Chief Retail Banking Ofc C/O SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
Anthony J Labozzetta director, officer: President and COO SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
George Lista officer: President/CEO SB One Insurance C/O SUSSEX BANK, 399 ROUTE 23, FRANKLIN NJ 07416
James P Dunigan director 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Bennett Macdougall officer: EVP, General Counsel, Sec 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Adriano M. Duarte officer: EVP & CAO of Provident Bank 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Matthew K. Harding director 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Robert Mcnerney director C/O SUSSEX BANK, 399 ROUTE 23, FRANKLIN NJ 07416
Ravi Vakacherla officer: Chief Digital & Innovation Off 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Valerie O Murray officer: SVP & Chief Wealth Mgmt Ofc 239 WASHINGTON STREET, JERSEY CITY NJ 07302