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, Planet Green Holdings's share price is $2.61.
Planet Green Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $2.40. Hence, Planet Green Holdings's PS Ratio for today is 1.09.
The historical rank and industry rank for Planet Green Holdings's PS Ratio or its related term are showing as below:
PLAG'
s PS Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.86 Max: 10.13
Current: 1.04
During the past 13 years, Planet Green Holdings's highest PS Ratio was 10.13. The lowest was 0.15. And the median was 0.86.
PLAG's PS Ratio is ranked worse than 53.63% of 537
companies
in the Conglomerates industry
Industry Median: 0.9
vs PLAG: 1.04
Planet Green Holdings Corp revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Planet Green Holdings was -26.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 1.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -8.10% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -50.30% per year.
During the past 13 years, Planet Green Holdings's highest 3-Year average Revenue per Share Growth Rate was 67.40% per year. The lowest was -85.50% per year. And the median was 1.10% per year.
* 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 Planet Green Holdings's PS Ratio
For the Conglomerates subindustry, Planet Green Holdings'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.
Planet Green Holdings's PS Ratio Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Planet Green Holdings's PS Ratio distribution charts can be found below:
* The bar in red indicates where Planet Green Holdings's PS Ratio falls into.
Planet Green Holdings 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.
Planet Green Holdings's Share Price of today is $2.61. Planet Green Holdings'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 $2.40.
* 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:
Planet Green Holdings (AMEX:PLAG) 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.
Planet Green Holdings PS Ratio Related Terms
Thank you for viewing the detailed overview of Planet Green Holdings's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Planet Green Holdings Corp is a diversified technology and consumer products company with a presence in North America and China engaged in Chemical Products, Tea Products, and Online Advertising Services. The company operates in three segments namely to grow, produce, and distribute Cyan brick tea, black tea, and green tea in China; to research, develop, manufacture, and sell chemical products including formaldehyde, urea formaldehyde adhesive, methylal, ethanol fuel, fuel additives and clean fuel in China; and to develop and operate a demand-side platform which empowers buyers of advertising to manage and optimize their digital advertising across different real-time bidding networks in North America and China.
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