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, Life & Banc Split's share price is C$9.48.
Life & Banc Split's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was C$1.39. Hence, Life & Banc Split's PS Ratio for today is 6.80.
Warning Sign:
Life & Banc Split Corp stock PS Ratio (=4.77) is close to 10-year high of 5.06
The historical rank and industry rank for Life & Banc Split's PS Ratio or its related term are showing as below:
TSX:LBS'
s PS Ratio Range Over the Past 10 Years
Min: 1.82 Med: 2.76 Max: 7.69
Current: 7.6
During the past 13 years, Life & Banc Split's highest PS Ratio was 7.69. The lowest was 1.82. And the median was 2.76.
TSX:LBS's PS Ratio is ranked worse than 50.87% of 1490
companies
in the Asset Management industry
Industry Median: 7.5
vs TSX:LBS: 7.60
During the past 13 years, Life & Banc Split's highest 3-Year average Revenue per Share Growth Rate was 85.80% per year. The lowest was -78.80% per year. And the median was 0.85% per year.
Back to Basics: PS Ratio
Life & Banc Split PS Ratio Historical Data
The historical data trend for Life & Banc Split'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 Life & Banc Split's PS Ratio
For the Asset Management subindustry, Life & Banc Split'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.
Life & Banc Split's PS Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Life & Banc Split's PS Ratio distribution charts can be found below:
* The bar in red indicates where Life & Banc Split's PS Ratio falls into.
Life & Banc Split 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.
Life & Banc Split's Share Price of today is C$9.48.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Life & Banc Split's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was C$1.39.
* 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:
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.
Life & Banc Split PS Ratio Related Terms
Thank you for viewing the detailed overview of Life & Banc Split's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Life & Banc Split Corp is a mutual fund company. Its investment objectives are to provide holders of preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for capital appreciation. It invests in a portfolio comprising of common shares of Canadian banks and publicly traded Canadian life insurance companies.
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