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Pender Growth Fund (TSXV:PTF) PS Ratio : 1.48 (As of Mar. 24, 2025)


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What is Pender Growth Fund 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, Pender Growth Fund's share price is C$10.20. Pender Growth Fund's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was C$6.87. Hence, Pender Growth Fund's PS Ratio for today is 1.48.

Good Sign:

Pender Growth Fund Inc stock PS Ratio (=1.48) is close to 2-year low of 1.48

The historical rank and industry rank for Pender Growth Fund's PS Ratio or its related term are showing as below:

TSXV:PTF' s PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 3.29   Max: 212.5
Current: 1.48

During the past 13 years, Pender Growth Fund's highest PS Ratio was 212.50. The lowest was 0.76. And the median was 3.29.

TSXV:PTF's PS Ratio is ranked better than
89.57% of 1476 companies
in the Asset Management industry
Industry Median: 6.955 vs TSXV:PTF: 1.48

Pender Growth Fund's Revenue per Sharefor the three months ended in Sep. 2024 was C$0.79. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was C$6.87.

Warning Sign:

Pender Growth Fund Inc revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Pender Growth Fund was 334.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was -19.80% per year.

During the past 13 years, Pender Growth Fund's highest 3-Year average Revenue per Share Growth Rate was 106.00% per year. The lowest was -47.50% per year. And the median was 31.55% per year.

Back to Basics: PS Ratio


Pender Growth Fund PS Ratio Historical Data

The historical data trend for Pender Growth Fund'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.

* Premium members only.

Pender Growth Fund PS Ratio Chart

Pender Growth Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.82 2.32 1.05 - 6.99

Pender Growth Fund Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.46 6.99 2.34 1.72 1.59

Competitive Comparison of Pender Growth Fund's PS Ratio

For the Asset Management subindustry, Pender Growth Fund'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.


Pender Growth Fund's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pender Growth Fund's PS Ratio distribution charts can be found below:

* The bar in red indicates where Pender Growth Fund's PS Ratio falls into.



Pender Growth Fund 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.

Pender Growth Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=10.20/6.871
=1.48

Pender Growth Fund's Share Price of today is C$10.20.
Pender Growth Fund'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$6.87.

* 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.


Pender Growth Fund  (TSXV:PTF) 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.


Pender Growth Fund PS Ratio Related Terms

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Pender Growth Fund Business Description

Traded in Other Exchanges
N/A
Address
1066 West Hastings Street, Suite 1830, Vancouver, BC, CAN, V6E 3X2
Pender Growth Fund Inc is an asset management firm. Its investment objective is to achieve long-term capital growth. The company generates its revenue in the form of dividends and interest. The firm invests in public and private companies based in Canada and the U.S., principally in the technology sector.
Executives
Penderfund Capital Management Ltd. Subsidiary
Ian Donald Power Director
Wendy Kathleen Porter Director
Tony Antero Rautava Senior Officer
David Allan Barr Senior Officer
Ginalee Marie Jones Senior Officer