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, Loop Industries's share price is $2.835.
Loop Industries's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.00. Hence, Loop Industries's PS Ratio for today is 945.00.
The historical rank and industry rank for Loop Industries's PS Ratio or its related term are showing as below:
LOOP'
s PS Ratio Range Over the Past 10 Years
Min: 475 Med: 913.33 Max: 1780
Current: 945
During the past 13 years, Loop Industries's highest PS Ratio was 1780.00. The lowest was 475.00. And the median was 913.33.
LOOP's PS Ratio is ranked worse than 99.87% of 1527
companies
in the Chemicals industry
Industry Median: 1.44
vs LOOP: 945.00
The historical data trend for Loop Industries'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 Loop Industries's PS Ratio
For the Specialty Chemicals subindustry, Loop Industries'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.
Loop Industries's PS Ratio Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Loop Industries's PS Ratio distribution charts can be found below:
* The bar in red indicates where Loop Industries's PS Ratio falls into.
Loop Industries 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.
Loop Industries's Share Price of today is $2.835. Loop Industries's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00.
* 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.
Loop Industries PS Ratio Related Terms
Thank you for viewing the detailed overview of Loop Industries's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Loop Industries (Loop Industries) Business Description
Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). Its monomers are filtered, purified and repolymerized to create virgin-quality Loop branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives.
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