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, Algorhythm Holdings's share price is $2.4246.
Algorhythm Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $831.52. Hence, Algorhythm Holdings's PS Ratio for today is 0.00.
The historical rank and industry rank for Algorhythm Holdings's PS Ratio or its related term are showing as below:
During the past 13 years, Algorhythm Holdings's highest PS Ratio was 0.47. The lowest was 0.01. And the median was 0.24.
RIME's PS Ratio is not ranked *
in the Hardware industry.
Industry Median: 1.52 * Ranked among companies with meaningful PS Ratio only.
Algorhythm Holdings Inc 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 Algorhythm Holdings was -46.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -24.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -15.30% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -3.30% per year.
During the past 13 years, Algorhythm Holdings's highest 3-Year average Revenue per Share Growth Rate was 373.80% per year. The lowest was -54.40% per year. And the median was -5.30% per year.
Back to Basics: PS Ratio
Algorhythm Holdings PS Ratio Historical Data
The historical data trend for Algorhythm Holdings'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.
Competitive Comparison of Algorhythm Holdings's PS Ratio
For the Consumer Electronics subindustry, Algorhythm 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.
Algorhythm Holdings's PS Ratio Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Algorhythm Holdings's PS Ratio distribution charts can be found below:
* The bar in red indicates where Algorhythm Holdings's PS Ratio falls into.
Algorhythm 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.
Algorhythm Holdings's Share Price of today is $2.4246. Algorhythm 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 $831.52.
* 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:
Algorhythm Holdings (NAS:RIME) 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.
Algorhythm Holdings PS Ratio Related Terms
Thank you for viewing the detailed overview of Algorhythm Holdings's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Algorhythm Holdings Inc is a holding company with two primary investments. It operates through its subsidiaries, one of which is an emerging leader in the AI-enabled global logistics industry. The other subsidiary is engaged in consumer karaoke products, Which designs and distributes the industry's widest assortment of at-home and in-car karaoke entertainment products.
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