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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, Olympic Steel's share price is $39.67. Olympic Steel's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $172.66. Hence, Olympic Steel's PS Ratio for today is 0.23.
The historical rank and industry rank for Olympic Steel's PS Ratio or its related term are showing as below:
During the past 13 years, Olympic Steel's highest PS Ratio was 0.40. The lowest was 0.06. And the median was 0.16.
Olympic Steel's Revenue per Sharefor the three months ended in Sep. 2024 was $40.19. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $172.66.
Warning Sign:
Olympic Steel Inc revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Olympic Steel was -8.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 20.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 9.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 6.60% per year.
During the past 13 years, Olympic Steel's highest 3-Year average Revenue per Share Growth Rate was 37.80% per year. The lowest was -19.50% per year. And the median was 3.00% per year.
The historical data trend for Olympic Steel'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.
Olympic Steel Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
PS Ratio | Get a 7-Day Free Trial | 0.13 | 0.12 | 0.12 | 0.15 | 0.36 |
Olympic Steel 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 | 0.30 | 0.36 | 0.39 | 0.25 | 0.23 |
For the Steel subindustry, Olympic Steel'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.
For the Steel industry and Basic Materials sector, Olympic Steel's PS Ratio distribution charts can be found below:
* The bar in red indicates where Olympic Steel's PS Ratio falls into.
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.
Olympic Steel's PS Ratio for today is calculated as
PS Ratio | = | Share Price | / | Revenue per Share (TTM) |
= | 39.67 | / | 172.662 | |
= | 0.23 |
Olympic Steel's Share Price of today is $39.67.
Olympic Steel'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 $172.66.
* 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.
Olympic Steel (NAS:ZEUS) 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.
Thank you for viewing the detailed overview of Olympic Steel's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Dirk A Kempthorne | director | 1735 MARKET STREET, PHILADELPHIA PA 19103 |
Michael D Siegal | director, 10 percent owner, officer: Chairman of the Board and CEO | 5080 RICHMOND ROAD, CLEVELAND OH 44146-1392 |
David A Wolfort | director, officer: President and COO | |
Richard T Marabito | officer: Chief Financial Officer | 5096 RICHMOND ROAD, BEDFORD HEIGHTS OH 44146 |
Andrew S Greiff | officer: EVP and COO | 22901 MILLCREEK BLVD., SUITE 650, HIGHLAND HILLS OH 44122 |
Richard P Stovsky | director | 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108 |
Arthur F Anton | director | 29500 SOLON ROAD, SOLON OH 44139 |
Richard A Manson | officer: Vice President and Treasurer | 5096 RICHMOND ROAD, BEDFORD HEIGHTS OH 44146 |
Lisa K Christen | officer: See Remarks | C/O/ OLYMPIC STEEL, INC., 22901 MILLCREED BLVD., SUITE 650, HIGHLAND HILLS OH 44122 |
Vanessa Whiting | director | C/O OLYMPIC STEEL, INC., 22901 MILLCREEK BLVD., SUITE 650, HIGHLAND HILLS OH 44122 |
Della Ratta Ralph M Jr | director | 1690 CHAGRIN RIVER ROAD, GATES MILLS OH 44040 |
Idalene Fay Kesner | director | 101 OAKLEY STREET, EVANSVILLE IN 47710 |
Michael G Rippey | director | C/O OLYMPIC STEEL, INC., 22901 MILLCREEK BLVD., HIGHLAND HILLS OH 44122 |
Howard Goldstein | director | 5096 RICHMOND RD, BEDFORD HEIGHTS OH 44146 |
Mcneeley Donald R. Jr. | director, officer: Subsidiary Officer | 5096 RICHMOND ROAD, BEDFORD HEIGHTS OH 44146 |
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