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, Cleanaway Waste Management's share price is A$2.71.
Cleanaway Waste Management's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$1.60. Hence, Cleanaway Waste Management's PS Ratio for today is 1.69.
The historical rank and industry rank for Cleanaway Waste Management's PS Ratio or its related term are showing as below:
ASX:CWY'
s PS Ratio Range Over the Past 10 Years
Min: 0.44 Med: 1.67 Max: 2.84
Current: 1.69
During the past 13 years, Cleanaway Waste Management's highest PS Ratio was 2.84. The lowest was 0.44. And the median was 1.67.
ASX:CWY's PS Ratio is ranked better than 51.07% of 233
companies
in the Waste Management industry
Industry Median: 1.76
vs ASX:CWY: 1.69
Cleanaway Waste Management Ltd revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Cleanaway Waste Management was 0.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 12.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 10.60% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 3.80% per year.
During the past 13 years, Cleanaway Waste Management's highest 3-Year average Revenue per Share Growth Rate was 46.40% per year. The lowest was -28.10% per year. And the median was 1.15% per year.
Back to Basics: PS Ratio
Cleanaway Waste Management PS Ratio Historical Data
* 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.
Competitive Comparison of Cleanaway Waste Management's PS Ratio
For the Waste Management subindustry, Cleanaway Waste Management'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.
Cleanaway Waste Management's PS Ratio Distribution in the Waste Management Industry
For the Waste Management industry and Industrials sector, Cleanaway Waste Management's PS Ratio distribution charts can be found below:
* The bar in red indicates where Cleanaway Waste Management's PS Ratio falls into.
Cleanaway Waste Management 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.
Cleanaway Waste Management's Share Price of today is A$2.71.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Cleanaway Waste Management's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$1.60.
* 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:
Cleanaway Waste Management (ASX:CWY) 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.
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.
Cleanaway Waste Management PS Ratio Related Terms
Thank you for viewing the detailed overview of Cleanaway Waste Management's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Cleanaway Waste Management (ASX:CWY) Business Description
Cleanaway Waste Management is Australia's largest waste management business with a national footprint spanning collection, midstream waste processing, treatment, and valorization, and downstream waste disposal. Cleanaway is active in municipal and commercial and industrial, or C&I, waste stream segments and in nonhazardous and hazardous liquid waste and medical waste streams following the acquisition of Toxfree in fiscal 2018. While Cleanaway is allocating greater capital to midstream waste processing and treatment, earnings remain skewed toward waste collection. Cleanaway is particularly strong in C&I and municipal waste collection with strong market share in all large Australian metro waste collection market.
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