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AirBoss of America (AirBoss of America) PS Ratio : 0.27 (As of Apr. 26, 2024)


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What is AirBoss of America 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, AirBoss of America's share price is $4.15. AirBoss of America's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $15.62. Hence, AirBoss of America's PS Ratio for today is 0.27.

The historical rank and industry rank for AirBoss of America's PS Ratio or its related term are showing as below:

ABSSF' s PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.74   Max: 2.07
Current: 0.27

During the past 13 years, AirBoss of America's highest PS Ratio was 2.07. The lowest was 0.17. And the median was 0.74.

ABSSF's PS Ratio is ranked better than
93.58% of 1527 companies
in the Chemicals industry
Industry Median: 1.41 vs ABSSF: 0.27

AirBoss of America's Revenue per Sharefor the three months ended in Dec. 2023 was $3.42. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $15.62.

Warning Sign:

AirBoss of America Corp 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 AirBoss of America was -12.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was -6.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 4.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 7.00% per year.

During the past 13 years, AirBoss of America's highest 3-Year average Revenue per Share Growth Rate was 69.50% per year. The lowest was -6.50% per year. And the median was 7.75% per year.

Back to Basics: PS Ratio


AirBoss of America PS Ratio Historical Data

The historical data trend for AirBoss of America'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.

AirBoss of America PS Ratio Chart

AirBoss of America 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 0.48 0.61 1.74 0.31 0.23

AirBoss of America 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 0.31 0.35 0.31 0.20 0.23

Competitive Comparison of AirBoss of America's PS Ratio

For the Specialty Chemicals subindustry, AirBoss of America'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.


AirBoss of America's PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AirBoss of America's PS Ratio distribution charts can be found below:

* The bar in red indicates where AirBoss of America's PS Ratio falls into.



AirBoss of America 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.

AirBoss of America's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=4.15/15.617
=0.27

AirBoss of America's Share Price of today is $4.15.
AirBoss of America'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 $15.62.

* 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.


AirBoss of America  (OTCPK:ABSSF) 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.


AirBoss of America PS Ratio Related Terms

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AirBoss of America (AirBoss of America) Business Description

Traded in Other Exchanges
Address
16441 Yonge Street, Newmarket, ON, CAN, L3X 2G8
AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive and industrial markets. It operates in three segments, 1) The Rubber Solutions segment includes the manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals. 2) The Engineered Products segment includes the manufacture and distribution of anti-noise, vibration, and harshness dampening parts. 3) The AirBoss Defense Group is engaged in the manufacturing and distributing of personal protection and safety products and the manufacture of semi-finished rubber-related products. The Company operates manufacturing facilities and sales offices in the United States and Canada, selling in North American markets.

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