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, Timah Resources's share price is A$0.028.
Timah Resources's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.03. Hence, Timah Resources's PS Ratio for today is 0.85.
The historical rank and industry rank for Timah Resources's PS Ratio or its related term are showing as below:
ASX:TML'
s PS Ratio Range Over the Past 10 Years
Min: 0.58 Med: 1.27 Max: 2.78
Current: 0.85
During the past 8 years, Timah Resources's highest PS Ratio was 2.78. The lowest was 0.58. And the median was 1.27.
Timah Resources Ltd 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 Timah Resources was -2.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -2.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 4.50% per year.
During the past 8 years, Timah Resources's highest 3-Year average Revenue per Share Growth Rate was 23.60% per year. The lowest was -14.80% per year. And the median was -7.80% per year.
Back to Basics: PS Ratio
Timah Resources PS Ratio Historical Data
The historical data trend for Timah Resources'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.
Competitive Comparison of Timah Resources's PS Ratio
For the Utilities - Renewable subindustry, Timah Resources'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.
Timah Resources's PS Ratio Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Timah Resources's PS Ratio distribution charts can be found below:
* The bar in red indicates where Timah Resources's PS Ratio falls into.
Timah Resources 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.
Timah Resources's Share Price of today is A$0.028.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Timah Resources's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.03.
* 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:
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.
Timah Resources PS Ratio Related Terms
Thank you for viewing the detailed overview of Timah Resources's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Timah Resources Ltd engages in the generation of renewable energy power. The company along with its subsidiary owns and operates a Biogas Renewable Energy Plant in Malaysia with an export capacity of up to 3.5 Megawatt. The Plant is located at Sandakan in the State of Sabah, Malaysia. The Plant uses Palm Oil Mill Effluent to produce Methane Gas, which is then used as fuel to run Gas Engines to generate green and renewable energy.
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