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ZEUS (Olympic Steel) PS Ratio : 0.23 (As of Dec. 14, 2024)


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What is Olympic Steel 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, 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:

ZEUS' s PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.16   Max: 0.4
Current: 0.23

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.

ZEUS's PS Ratio is ranked better than
80% of 615 companies
in the Steel industry
Industry Median: 0.55 vs ZEUS: 0.23

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.

Back to Basics: PS Ratio


Olympic Steel PS Ratio Historical Data

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.

* Premium members only.

Olympic Steel PS Ratio Chart

Olympic Steel 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 0.13 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 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 0.30 0.36 0.39 0.25 0.23

Competitive Comparison of Olympic Steel's PS Ratio

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.


Olympic Steel's PS Ratio Distribution in the Steel Industry

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.



Olympic Steel 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.

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.


Olympic Steel PS Ratio Related Terms

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.


Olympic Steel Business Description

Traded in Other Exchanges
Address
22901 Millcreek Boulevard, Suite 650, Highland Hills, OH, USA, 44122
Olympic Steel Inc provides metals processing and distribution services in the United States. The company operates in three reportable segments; specialty metals flat products, carbon flat products, and tubular and pipe products. It specializes in the processing and distribution of large volumes of carbon, aluminum, and stainless steel flat-rolled sheet, coils, plates, bars, and fabricated parts. The group serves various industries such as industrial machinery and equipment manufacturers, automobile manufacturers and suppliers, and transportation equipment manufacturers. The company generates majority of the revenue from carbon flat products.
Executives
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