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
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
* 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 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 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:
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.
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 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PFS has been successfully added to your 