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, Magellan Aerospace's share price is C$7.90.
Magellan Aerospace's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$15.26. Hence, Magellan Aerospace's PS Ratio for today is 0.52.
Good Sign:
Magellan Aerospace Corp stock PS Ratio (=0.52) is close to 3-year low of 0.48
The historical rank and industry rank for Magellan Aerospace's PS Ratio or its related term are showing as below:
TSX:MAL'
s PS Ratio Range Over the Past 10 Years
Min: 0.31 Med: 0.87 Max: 1.32
Current: 0.52
During the past 13 years, Magellan Aerospace's highest PS Ratio was 1.32. The lowest was 0.31. And the median was 0.87.
TSX:MAL's PS Ratio is ranked better than 88.37% of 301
companies
in the Aerospace & Defense industry
Industry Median: 2.01
vs TSX:MAL: 0.52
Magellan Aerospace 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 Magellan Aerospace was 14.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 6.00% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -3.70% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -0.90% per year.
During the past 13 years, Magellan Aerospace's highest 3-Year average Revenue per Share Growth Rate was 44.50% per year. The lowest was -48.70% per year. And the median was -3.00% per year.
Back to Basics: PS Ratio
Magellan Aerospace PS Ratio Historical Data
The historical data trend for Magellan Aerospace'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 Magellan Aerospace's PS Ratio
For the Aerospace & Defense subindustry, Magellan Aerospace'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.
Magellan Aerospace's PS Ratio Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's PS Ratio distribution charts can be found below:
* The bar in red indicates where Magellan Aerospace's PS Ratio falls into.
Magellan Aerospace 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.
Magellan Aerospace's Share Price of today is C$7.90. Magellan Aerospace'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 C$15.26.
* 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.
Magellan Aerospace PS Ratio Related Terms
Thank you for viewing the detailed overview of Magellan Aerospace's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.
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