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Silver Spike Investment (Silver Spike Investment) PS Ratio : 6.92 (As of May. 05, 2024)


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What is Silver Spike Investment 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, Silver Spike Investment's share price is $11.17. Silver Spike Investment's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.61. Hence, Silver Spike Investment's PS Ratio for today is 6.92.

The historical rank and industry rank for Silver Spike Investment's PS Ratio or its related term are showing as below:

SSIC' s PS Ratio Range Over the Past 10 Years
Min: 4.77   Med: 8.14   Max: 35.58
Current: 6.92

During the past 3 years, Silver Spike Investment's highest PS Ratio was 35.58. The lowest was 4.77. And the median was 8.14.

SSIC's PS Ratio is ranked worse than
84.93% of 1002 companies
in the Drug Manufacturers industry
Industry Median: 2.21 vs SSIC: 6.92

Silver Spike Investment's Revenue per Sharefor the three months ended in Dec. 2023 was $0.58. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.61.

During the past 12 months, the average Revenue per Share Growth Rate of Silver Spike Investment was 14572.70% per year.

Back to Basics: PS Ratio


Silver Spike Investment PS Ratio Historical Data

The historical data trend for Silver Spike Investment'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.

Silver Spike Investment PS Ratio Chart

Silver Spike Investment Annual Data
Trend Mar21 Mar22 Dec23
PS Ratio
- 1,209.09 5.23

Silver Spike Investment Quarterly Data
Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PS Ratio Get a 7-Day Free Trial Premium Member Only 17.75 9.08 7.07 7.51 5.23

Competitive Comparison of Silver Spike Investment's PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Silver Spike Investment'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.


Silver Spike Investment's PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Silver Spike Investment's PS Ratio distribution charts can be found below:

* The bar in red indicates where Silver Spike Investment's PS Ratio falls into.



Silver Spike Investment 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.

Silver Spike Investment's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=11.17/1.613
=6.92

Silver Spike Investment's Share Price of today is $11.17.
Silver Spike Investment's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.61.

* 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.


Silver Spike Investment  (NAS:SSIC) 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.


Silver Spike Investment PS Ratio Related Terms

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Silver Spike Investment (Silver Spike Investment) Business Description

Traded in Other Exchanges
N/A
Address
600 Madison Avenue, Suite 1800, New York, NY, USA, 10022
Silver Spike Investment Corp is a closed-end management investment company formed to invest in companies across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately-held cannabis businesses.
Executives
Umesh Mahajan officer: Chief Financial Officer 600 MADISON AVENUE, SUITE 1800, NEW YORK NY 10022
Scott Gordon director, 10 percent owner, officer: Chief Executive Officer 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Gregory M. Gentile 10 percent owner, officer: CFO, CCO & Sec. 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Silver Spike Capital, Llc 10 percent owner 600 MADISON AVE, SUITE 1800, NEW YORK NY 10022
Warson Tracey Brophy director 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Silver Spike Holdings, Lp 10 percent owner 600 MADISON AVENUE, SUITE 1800, NEW YORK NY 10022
Michael William Chorske director 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Vivek Bunty Bohra director 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Silver Spike Holdings Gp, Llc 10 percent owner 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Da Corte Americo director 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065