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2020 Bulkers (2020 Bulkers) PS Ratio : 4.56 (As of May. 05, 2024)


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What is 2020 Bulkers 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, 2020 Bulkers's share price is $14.00. 2020 Bulkers's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $3.07. Hence, 2020 Bulkers's PS Ratio for today is 4.56.

Warning Sign:

2020 Bulkers Ltd stock PS Ratio (=5.27) is close to 3-year high of 5.27

The historical rank and industry rank for 2020 Bulkers's PS Ratio or its related term are showing as below:

TTBKF' s PS Ratio Range Over the Past 10 Years
Min: 2.02   Med: 3.46   Max: 102.91
Current: 5.25

During the past 7 years, 2020 Bulkers's highest PS Ratio was 102.91. The lowest was 2.02. And the median was 3.46.

TTBKF's PS Ratio is ranked worse than
91.15% of 972 companies
in the Transportation industry
Industry Median: 0.98 vs TTBKF: 5.25

2020 Bulkers's Revenue per Sharefor the three months ended in Dec. 2023 was $1.13. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $3.07.

Warning Sign:

2020 Bulkers Ltd revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of 2020 Bulkers was -2.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 19.30% per year.

During the past 7 years, 2020 Bulkers's highest 3-Year average Revenue per Share Growth Rate was 97.40% per year. The lowest was 19.30% per year. And the median was 58.35% per year.

Back to Basics: PS Ratio


2020 Bulkers PS Ratio Historical Data

The historical data trend for 2020 Bulkers'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.

2020 Bulkers PS Ratio Chart

2020 Bulkers Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial 20.19 3.07 2.47 2.77 3.73

2020 Bulkers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.77 3.30 3.39 3.34 3.73

Competitive Comparison of 2020 Bulkers's PS Ratio

For the Marine Shipping subindustry, 2020 Bulkers'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.


2020 Bulkers's PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, 2020 Bulkers's PS Ratio distribution charts can be found below:

* The bar in red indicates where 2020 Bulkers's PS Ratio falls into.



2020 Bulkers 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.

2020 Bulkers's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=14.00/3.072
=4.56

2020 Bulkers's Share Price of today is $14.00.
2020 Bulkers'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 $3.07.

* 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.


2020 Bulkers  (OTCPK:TTBKF) 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.


2020 Bulkers PS Ratio Related Terms

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2020 Bulkers (2020 Bulkers) Business Description

Traded in Other Exchanges
Address
Tjuvholmen alle 3, 9th floor, Oslo, NOR, 0252
2020 Bulkers Ltd is an owner and operator of large dry bulk vessels. The Company has eight Newcastlemax dry bulk vessels in operation.

2020 Bulkers (2020 Bulkers) Headlines

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