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Virnect Co (XKRX:438700) PS Ratio : 7.46 (As of Sep. 24, 2024)


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What is Virnect Co 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, Virnect Co's share price is ₩3975.00. Virnect Co's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was ₩532.64. Hence, Virnect Co's PS Ratio for today is 7.46.

Good Sign:

Virnect Co Ltd stock PS Ratio (=7.25) is close to 2-year low of 6.53

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

XKRX:438700' s PS Ratio Range Over the Past 10 Years
Min: 6.53   Med: 12.09   Max: 17.1
Current: 7.47

During the past 3 years, Virnect Co's highest PS Ratio was 17.10. The lowest was 6.53. And the median was 12.09.

XKRX:438700's PS Ratio is ranked worse than
82.7% of 2745 companies
in the Software industry
Industry Median: 2.16 vs XKRX:438700: 7.47

Virnect Co's Revenue per Sharefor the three months ended in Jun. 2024 was ₩62.24. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was ₩532.64.

Warning Sign:

Virnect Co 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 Virnect Co was -31.60% per year.

Back to Basics: PS Ratio


Virnect Co PS Ratio Historical Data

The historical data trend for Virnect Co'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.

Virnect Co PS Ratio Chart

Virnect Co Annual Data
Trend Dec21 Dec22 Dec23
PS Ratio
- - 15.54

Virnect Co Quarterly Data
Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
PS Ratio Get a 7-Day Free Trial Premium Member Only - 16.15 15.54 13.70 8.71

Competitive Comparison of Virnect Co's PS Ratio

For the Software - Application subindustry, Virnect Co'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.


Virnect Co's PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Virnect Co's PS Ratio distribution charts can be found below:

* The bar in red indicates where Virnect Co's PS Ratio falls into.



Virnect Co 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.

Virnect Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=3975.00/532.639
=7.46

Virnect Co's Share Price of today is ₩3975.00.
Virnect Co's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩532.64.

* 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.


Virnect Co  (XKRX:438700) 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.


Virnect Co PS Ratio Related Terms

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Virnect Co Business Description

Traded in Other Exchanges
N/A
Address
10-15, Hangang-daero 7-gil, Vernect Experience Center, Yongsan-gu, Seoul, KOR
Virnect Co Ltd is a technology company that leads XR technology trends and specializes in developing XR solutions that can solve problems in the industrial field. It provides products and services for 3D real-time visualization, virtual and augmented reality, remote monitoring and operation, and telecommunication access. Its product offering comprises VIRNECT Remote, VIRNECT Make, VIRNECT View, VIRNECT Twin, VIRNECT Track, and XR Devices.

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