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, Melcor Developments's share price is C$11.34.
Melcor Developments's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$10.19. Hence, Melcor Developments's PS Ratio for today is 1.11.
Good Sign:
Melcor Developments Ltd stock PS Ratio (=1.13) is close to 3-year low of 1.1
The historical rank and industry rank for Melcor Developments's PS Ratio or its related term are showing as below:
TSX:MRD'
s PS Ratio Range Over the Past 10 Years
Min: 0.86 Med: 1.8 Max: 3.05
Current: 1.13
During the past 13 years, Melcor Developments's highest PS Ratio was 3.05. The lowest was 0.86. And the median was 1.80.
TSX:MRD's PS Ratio is ranked better than 67.1% of 1772
companies
in the Real Estate industry
Industry Median: 2.43
vs TSX:MRD: 1.13
During the past 12 months, the average Revenue per Share Growth Rate of Melcor Developments was 36.70% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 14.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 6.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -0.30% per year.
During the past 13 years, Melcor Developments's highest 3-Year average Revenue per Share Growth Rate was 38.90% per year. The lowest was -12.90% per year. And the median was 7.00% per year.
Back to Basics: PS Ratio
Melcor Developments PS Ratio Historical Data
The historical data trend for Melcor Developments'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 Melcor Developments's PS Ratio
For the Real Estate - Development subindustry, Melcor Developments'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.
Melcor Developments's PS Ratio Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Melcor Developments's PS Ratio distribution charts can be found below:
* The bar in red indicates where Melcor Developments's PS Ratio falls into.
Melcor Developments 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.
Melcor Developments's Share Price of today is C$11.34. Melcor Developments'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$10.19.
* 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:
Melcor Developments (TSX:MRD) 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.
Melcor Developments PS Ratio Related Terms
Thank you for viewing the detailed overview of Melcor Developments's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Melcor Developments (TSX:MRD) Business Description
Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions include Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing, and construction of commercial properties; Investment Properties operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation; the REIT, which is engaged in acquiring and owning leasable office, retail, industrial and residential sites; Recreation Property and Corporate.
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