GURUFOCUS.COM » STOCK LIST » Technology » Software » HIMACS Ltd (TSE:4299) » Definitions » PS Ratio

HIMACS (TSE:4299) PS Ratio : 0.91 (As of Dec. 16, 2024)


View and export this data going back to 2001. Start your Free Trial

What is HIMACS 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, HIMACS's share price is 円1364.00. HIMACS's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was 円1,493.96. Hence, HIMACS's PS Ratio for today is 0.91.

Warning Sign:

HIMACS Ltd stock PS Ratio (=1.82) is close to 10-year high of 1.87

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

TSE:4299' s PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.65   Max: 1.87
Current: 0.91

During the past 13 years, HIMACS's highest PS Ratio was 1.87. The lowest was 0.44. And the median was 0.65.

TSE:4299's PS Ratio is ranked better than
75.14% of 2735 companies
in the Software industry
Industry Median: 2.36 vs TSE:4299: 0.91

HIMACS's Revenue per Sharefor the three months ended in Sep. 2024 was 円0.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was 円1,493.96.

Warning Sign:

HIMACS Ltd revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of HIMACS was -24.30% 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 1.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was 7.20% per year.

During the past 13 years, HIMACS's highest 3-Year average Revenue per Share Growth Rate was 13.70% per year. The lowest was -1.70% per year. And the median was 9.80% per year.

Back to Basics: PS Ratio


HIMACS PS Ratio Historical Data

The historical data trend for HIMACS'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.

HIMACS PS Ratio Chart

HIMACS Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.79 0.89 0.94 0.95

HIMACS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.98 0.95 0.96 0.95 1.76

Competitive Comparison of HIMACS's PS Ratio

For the Software - Application subindustry, HIMACS'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.


HIMACS's PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, HIMACS's PS Ratio distribution charts can be found below:

* The bar in red indicates where HIMACS's PS Ratio falls into.



HIMACS 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.

HIMACS's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1364.00/1493.964
=0.91

HIMACS's Share Price of today is 円1364.00.
HIMACS'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 円1,493.96.

* 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.


HIMACS  (TSE:4299) 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.


HIMACS PS Ratio Related Terms

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


HIMACS Business Description

Traded in Other Exchanges
N/A
Address
Keihan Yokohama Building, 2-22, Hon-cho, Naka-ku, Yokohama, JPN, 231-0005
HIMACS Ltd provides defined valued process for various system lifecycles in Japan. Its system solution services include the provision of consulting services, the design and development phase, testing and implementation of operating systems.

HIMACS Headlines

No Headlines