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, Veresen's share price is C$25.69.
Veresen's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2017 was C$0.00. Hence, Veresen's PS Ratio for today is .
Warning Sign:
Veresen Inc stock PS Ratio (=19.38) is close to 10-year high of 20.44
The historical rank and industry rank for Veresen's PS Ratio or its related term are showing as below:
TSX:VSN.PR.E.PFD'
s PS Ratio Range Over the Past 10 Years
Min: 1.29 Med: 5.82 Max: 20.44
Current: 19.38
During the past 13 years, Veresen's highest PS Ratio was 20.44. The lowest was 1.29. And the median was 5.82.
TSX:VSN.PR.E.PFD's PS Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.18
vs TSX:VSN.PR.E.PFD: 19.38
Veresen's Revenue per Sharefor the
three
months ended in Jun. 2017 was C$0.00.
Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2017 was C$0.00.
Warning Sign:
Veresen Inc 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 Veresen was 16.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -22.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -15.30% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -15.20% per year.
During the past 13 years, Veresen's highest 3-Year average Revenue per Share Growth Rate was 1439.00% per year. The lowest was -75.70% per year. And the median was -16.20% per year.
Back to Basics: PS Ratio
Veresen PS Ratio Historical Data
The historical data trend for Veresen'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.
For the Oil & Gas Midstream subindustry, Veresen'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.
Veresen's PS Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Veresen's PS Ratio distribution charts can be found below:
* The bar in red indicates where Veresen's PS Ratio falls into.
Veresen 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.
Veresen's Share Price of today is C$25.69. Veresen's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00.
* 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.
Veresen PS Ratio Related Terms
Thank you for viewing the detailed overview of Veresen's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Veresen Inc is an energy infrastructure company based in Calgary, Alberta, Canada. It owns and operates energy infrastructure assets across North America. The Company operates in three business segments, Pipelines, Midstream, and Power. The Company's Pipelines segment owns a 1,330-kilometre pipeline system that transports purity ethane from various Alberta ethane extraction plants to Alberta's major petrochemical complexes located near Joffre and Fort Saskatchewan, Alberta; and also owns a 3,000-kilometre natural gas pipeline comprised of a mainline and various connecting lateral pipelines. This pipeline extends from northeastern B.C. to points near Chicago, Illinois. It's Midstream Business segment is comprised of two natural gas processing plants with combined functional capacity of 516 mmcf/d, as well as approximately 40,000 horsepower of compression and 370 km of gas gathering lines and is located in the Cutbank Ridge region of Alberta and British Columbia. The Hythe plant processes both sour and sweet natural gas, while the Steeprock plant is a sour gas processing facility. While, its Power Business segment operates, a Gas-Fired Generation facility consisting of an 86-MW cogeneration facility located in Windsor, Ontario; 17-MW cogeneration facility located in London, Ontario; 49-MW cogeneration facility located in Ripon, California; 44-MW cogeneration facility located in Pomona, California; and 70-MW combined cycle power cogeneration facility located in Brush, Colorado; an district energy system that produces and distributes steam and chilled water fueled primarily by natural gas, located in London, Ontario; and a district energy system that produces and distributes steam, hot water and electricity fueled primarily by biomass and waste fuel, located in Charlottetown, P.E.I.; a Run-of-River Hydro facility that produces a 33-MW run-of-river hydroelectric power located on the Black River near Watertown, New York; an 11-MW run-of-river power facility located 30 km north of Vancouver, B.C.; two 5-MW waste-heat power generation facilities located at Spectra pipeline's 150 Mile House and Savona, B.C. compressor stations; and a 33-MW wind project under construction in the County of Huron, Ontario; and also operates two wind power facilities, 9-MW and 11-MW, respectively, near Grand Valley, Ontario.
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