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Dynex Capital (Dynex Capital) PS Ratio

: 25.32 (As of Today)
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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, Dynex Capital's share price is $11.595. Dynex Capital's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.46. Hence, Dynex Capital's PS Ratio for today is 25.32.

The historical rank and industry rank for Dynex Capital's PS Ratio or its related term are showing as below:

DX' s PS Ratio Range Over the Past 10 Years
Min: 1.1   Med: 5.41   Max: 103.8
Current: 25.29

During the past 13 years, Dynex Capital's highest PS Ratio was 103.80. The lowest was 1.10. And the median was 5.41.

DX's PS Ratio is ranked worse than
94.95% of 832 companies
in the REITs industry
Industry Median: 6.48 vs DX: 25.29

Dynex Capital's Revenue per Sharefor the three months ended in Dec. 2023 was $0.58. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.46.

Warning Sign:

Dynex Capital Inc 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 Dynex Capital was -88.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was -61.60% per year.

During the past 13 years, Dynex Capital's highest 3-Year average Revenue per Share Growth Rate was 46.80% per year. The lowest was -61.60% per year. And the median was -2.60% per year.

Back to Basics: PS Ratio


Dynex Capital PS Ratio Historical Data

The historical data trend for Dynex Capital'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.

Dynex Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2.06 4.29 3.07 25.66

Dynex Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PS Ratio 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 Premium Member Only Premium Member Only Premium Member Only 3.07 21.49 16.39 12.80 25.66

Competitive Comparison

For the REIT - Mortgage subindustry, Dynex Capital'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.


Dynex Capital PS Ratio Distribution

For the REITs industry and Real Estate sector, Dynex Capital's PS Ratio distribution charts can be found below:

* The bar in red indicates where Dynex Capital's PS Ratio falls into.



Dynex Capital 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.

Dynex Capital's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=11.595/0.458
=25.32

Dynex Capital's Share Price of today is $11.595.
Dynex Capital'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 $0.46.

* 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.


Dynex Capital  (NYSE:DX) 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.


Dynex Capital PS Ratio Related Terms

Thank you for viewing the detailed overview of Dynex Capital's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Dynex Capital (Dynex Capital) Business Description

Traded in Other Exchanges
Address
4991 Lake Brook Drive, Suite 100, Glen Allen, Richmond, VA, USA, 23060-9245
Dynex Capital Inc is a real estate investment trust. The company primarily invests in residential and commercial mortgage-backed securities. Its investments consist principally of Agency mortgage-backed securities including residential MBS and commercial MBS.
Executives
David H. Stevens director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Joy D Palmer director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Julia Lynn Coronado director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Michael R Hughes director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Robert A Salcetti director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Robert S Colligan officer: EVP and CFO 1211 AVENUE OF THE AMERICAS, STE 2902, NEW YORK NY 10036
Jeffrey L Childress officer: Vice President and Controller C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DR., SUITE 100, GLEN ALLEN VA 23060
Byron L Boston director, officer: CEO and Co-CIO 4231 WALNUT RD, JACKSONVILLE FL 32257
Smriti Laxman Popenoe officer: President and Co-CIO 3000 LEADENHALL ROAD, MOUNT LAUREL NJ 08054
Stephen J Benedetti officer: Exec. V.P., CFO, Treas & Sec.
Barry Igdaloff director
Valerie Mosley director TWO INTERNATIONAL PLACE, BOSTON MA 02110
Thomas B Akin director 2400 BRIDGEWAY # 200, SUITE 200, SAUSALITO CA 94965
Wheat James C Iii director 901 EAST BYRD STREET 13TH FLOOR, RIVERFRONT PLAZA, RICHMOND VA 23219
Daniel K Osborne director 4551 COX ROAD, SUITE 300, GLEN ALLEN VA 23060