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, Kearny Financial's share price is $5.72.
Kearny Financial's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.31. Hence, Kearny Financial's PS Ratio for today is 2.48.
Good Sign:
Kearny Financial Corp stock PS Ratio (=2.43) is close to 10-year low of 2.35
The historical rank and industry rank for Kearny Financial's PS Ratio or its related term are showing as below:
KRNY'
s PS Ratio Range Over the Past 10 Years
Min: 2.35 Med: 7.7 Max: 13.2
Current: 2.41
During the past 13 years, Kearny Financial's highest PS Ratio was 13.20. The lowest was 2.35. And the median was 7.70.
KRNY's PS Ratio is ranked worse than 50.38% of 1449
companies
in the Banks industry
Industry Median: 2.38
vs KRNY: 2.41
Kearny Financial Corp revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Kearny Financial was -18.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 10.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 12.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 14.20% per year.
During the past 13 years, Kearny Financial's highest 3-Year average Revenue per Share Growth Rate was 19.10% per year. The lowest was -12.50% per year. And the median was 10.30% per year.
Back to Basics: PS Ratio
Kearny Financial PS Ratio Historical Data
The historical data trend for Kearny Financial'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 Kearny Financial's PS Ratio
For the Banks - Regional subindustry, Kearny Financial'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.
Kearny Financial's PS Ratio Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Kearny Financial's PS Ratio distribution charts can be found below:
* The bar in red indicates where Kearny Financial's PS Ratio falls into.
Kearny Financial 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.
Kearny Financial's Share Price of today is $5.72. Kearny Financial'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 $2.31.
* 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.
Kearny Financial PS Ratio Related Terms
Thank you for viewing the detailed overview of Kearny Financial's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Kearny Financial (Kearny Financial) Business Description
Kearny Financial Corp is a federally-chartered stock savings bank. The bank is engaged in the business of attracting deposits from the general public in New Jersey and New York, and using these deposits, together with other funds, to originate or purchase loans for its portfolios and invest in securities. The bank's loan portfolio is chiefly comprised of loans collateralized by commercial and residential real estate. It is also heavily into secured and unsecured business and consumer loans. The bank's primary source of income is net interest income.
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