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High Arctic Overseas Holdings (TSXV:HOH) PS Ratio : 0.38 (As of Apr. 17, 2025)


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What is High Arctic Overseas Holdings 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, High Arctic Overseas Holdings's share price is C$1.09. High Arctic Overseas Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was C$2.88. Hence, High Arctic Overseas Holdings's PS Ratio for today is 0.38.

Good Sign:

High Arctic Overseas Holdings Corp stock PS Ratio (=0.34) is close to 1-year low of 0.34.

The historical rank and industry rank for High Arctic Overseas Holdings's PS Ratio or its related term are showing as below:

TSXV:HOH' s PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.49   Max: 0.57
Current: 0.38

During the past 3 years, High Arctic Overseas Holdings's highest PS Ratio was 0.57. The lowest was 0.34. And the median was 0.49.

TSXV:HOH's PS Ratio is ranked better than
74.23% of 908 companies
in the Oil & Gas industry
Industry Median: 0.97 vs TSXV:HOH: 0.38

High Arctic Overseas Holdings's Revenue per Sharefor the three months ended in Sep. 2024 was C$0.32. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was C$2.88.

During the past 12 months, the average Revenue per Share Growth Rate of High Arctic Overseas Holdings was 45.10% per year.

Back to Basics: PS Ratio


High Arctic Overseas Holdings PS Ratio Historical Data

The historical data trend for High Arctic Overseas Holdings'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.

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High Arctic Overseas Holdings PS Ratio Chart

High Arctic Overseas Holdings Annual Data
Trend Dec21 Dec22 Dec23
PS Ratio
- - -

High Arctic Overseas Holdings Quarterly Data
Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24
PS Ratio Get a 7-Day Free Trial - - - - 0.52

Competitive Comparison of High Arctic Overseas Holdings's PS Ratio

For the Oil & Gas Equipment & Services subindustry, High Arctic Overseas Holdings'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.


High Arctic Overseas Holdings's PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, High Arctic Overseas Holdings's PS Ratio distribution charts can be found below:

* The bar in red indicates where High Arctic Overseas Holdings's PS Ratio falls into.


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High Arctic Overseas Holdings 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.

High Arctic Overseas Holdings's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1.09/2.877
=0.38

High Arctic Overseas Holdings's Share Price of today is C$1.09.
High Arctic Overseas Holdings'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 C$2.88.

* 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.


High Arctic Overseas Holdings  (TSXV:HOH) 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.


High Arctic Overseas Holdings PS Ratio Related Terms

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High Arctic Overseas Holdings Business Description

Traded in Other Exchanges
N/A
Address
330 - 5th Avenue SW, Suite 2350, Calgary, AB, CAN, T2P 0L4
High Arctic Overseas Holdings Corp provides drilling and specialized well completion services manpower solutions and supplies rental equipment including rig matting, camps, material handling, and drilling support equipment in Papua New Guinea. The segments of the company are Drilling services, Ancillary services, Production services.

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