GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NN Group NV (XTER:2NN) » Definitions » PS Ratio

NN Group NV (XTER:2NN) PS Ratio : 1.03 (As of Dec. 11, 2024)


View and export this data going back to 2021. Start your Free Trial

What is NN Group NV 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, NN Group NV's share price is €42.80. NN Group NV's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was €41.69. Hence, NN Group NV's PS Ratio for today is 1.03.

Warning Sign:

NN Group NV stock PS Ratio (=1.09) is close to 10-year high of 1.17

The historical rank and industry rank for NN Group NV's PS Ratio or its related term are showing as below:

XTER:2NN' s PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.7   Max: 1.17
Current: 1.03

During the past 13 years, NN Group NV's highest PS Ratio was 1.17. The lowest was 0.36. And the median was 0.70.

XTER:2NN's PS Ratio is ranked better than
50.73% of 479 companies
in the Insurance industry
Industry Median: 1.05 vs XTER:2NN: 1.03

NN Group NV's Revenue per Sharefor the six months ended in Jun. 2024 was €21.41. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was €41.69.

Warning Sign:

NN Group NV 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 NN Group NV was 61.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was -11.60% per year.

During the past 13 years, NN Group NV's highest 3-Year average Revenue per Share Growth Rate was 12.40% per year. The lowest was -11.60% per year. And the median was 2.80% per year.

Back to Basics: PS Ratio


NN Group NV PS Ratio Historical Data

The historical data trend for NN Group NV'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.

NN Group NV PS Ratio Chart

NN Group NV 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 0.56 0.62 0.77 - 0.90

NN Group NV Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - - 0.90 -

Competitive Comparison of NN Group NV's PS Ratio

For the Insurance - Diversified subindustry, NN Group NV'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.


NN Group NV's PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, NN Group NV's PS Ratio distribution charts can be found below:

* The bar in red indicates where NN Group NV's PS Ratio falls into.



NN Group NV 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.

NN Group NV's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=42.80/41.689
=1.03

NN Group NV's Share Price of today is €42.80.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. NN Group NV's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was €41.69.

* 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.


NN Group NV  (XTER:2NN) 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.


NN Group NV PS Ratio Related Terms

Thank you for viewing the detailed overview of NN Group NV's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


NN Group NV Business Description

Address
Schenkkade 65, The Hague, ZH, NLD, 2595 AS
Nationale Nederlanden Group is a European insurance company that primarily sells long-term savings in the Netherlands. The business is made up of four divisions: Netherlands life; Netherlands nonlife; insurance Europe; and Japan life. The Netherlands life business is the biggest division and tends to generate around three quarters of operating income. That business sells traditional spread-based long-term savings and more modern defined contribution savings products. Since 2022, assets that are managed to support the traditional savings products and in-house part of defined contribution products are managed by Goldman Sachs. Since around 2013, NN has managed its individual life insurance business as closed to new business.

NN Group NV Headlines

No Headlines