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, Technology One's share price is A$16.12.
Technology One's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was A$1.32. Hence, Technology One's PS Ratio for today is 12.25.
Good Sign:
Technology One Ltd stock PS Ratio (=11.98) is close to 1-year low of 11.16
The historical rank and industry rank for Technology One's PS Ratio or its related term are showing as below:
ASX:TNE'
s PS Ratio Range Over the Past 10 Years
Min: 3.01 Med: 7.64 Max: 14.77
Current: 12.25
During the past 13 years, Technology One's highest PS Ratio was 14.77. The lowest was 3.01. And the median was 7.64.
ASX:TNE's PS Ratio is ranked worse than 90.43% of 2738
companies
in the Software industry
Industry Median: 2.23
vs ASX:TNE: 12.25
Technology One's Revenue per Sharefor the
six
months ended in Sep. 2023 was A$0.70.
Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was A$1.32.
Good Sign:
Technology One Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Technology One was 15.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 12.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 7.30% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 7.70% per year.
During the past 13 years, Technology One's highest 3-Year average Revenue per Share Growth Rate was 31.60% per year. The lowest was 0.90% per year. And the median was 11.05% per year.
Back to Basics: PS Ratio
Technology One PS Ratio Historical Data
The historical data trend for Technology One'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 Technology One's PS Ratio
For the Software - Application subindustry, Technology One'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.
Technology One's PS Ratio Distribution in the Software Industry
For the Software industry and Technology sector, Technology One's PS Ratio distribution charts can be found below:
* The bar in red indicates where Technology One's PS Ratio falls into.
Technology One 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.
Technology One's PS Ratio for today is calculated as
Technology One's Share Price of today is A$16.12.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Technology One's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was A$1.32.
* 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.
Technology One PS Ratio Related Terms
Thank you for viewing the detailed overview of Technology One's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Technology One is a technology company providing enterprise resource planning software, primarily to governments, education institutions, and healthcare organizations in Australia, New Zealand, and the United Kingdom. Over the past three decades, Technology One has successfully carved out its niche, boasting dominant market shares in some of its key verticals, world-leading annual customer retention rates of over 99% and a consistently growing number of products used per customer.
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