GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Everspin Technologies Inc (NAS:MRAM) » Definitions » PS Ratio

Everspin Technologies (Everspin Technologies) PS Ratio : 2.52 (As of Apr. 29, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Everspin Technologies PS Ratio?

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, Everspin Technologies's share price is $7.51. Everspin Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.98. Hence, Everspin Technologies's PS Ratio for today is 2.52.

Good Sign:

Everspin Technologies Inc stock PS Ratio (=2.54) is close to 1-year low of 2.44

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

MRAM' s PS Ratio Range Over the Past 10 Years
Min: 1.1   Med: 2.63   Max: 9.15
Current: 2.51

During the past 10 years, Everspin Technologies's highest PS Ratio was 9.15. The lowest was 1.10. And the median was 2.63.

MRAM's PS Ratio is ranked better than
57.1% of 986 companies
in the Semiconductors industry
Industry Median: 3.13 vs MRAM: 2.51

Everspin Technologies's Revenue per Sharefor the three months ended in Dec. 2023 was $0.77. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.98.

During the past 12 months, the average Revenue per Share Growth Rate of Everspin Technologies was 3.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 10.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 2.90% per year.

During the past 10 years, Everspin Technologies's highest 3-Year average Revenue per Share Growth Rate was 10.10% per year. The lowest was -27.60% per year. And the median was -8.00% per year.

Back to Basics: PS Ratio


Everspin Technologies PS Ratio Historical Data

The historical data trend for Everspin Technologies'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.

Everspin Technologies PS Ratio Chart

Everspin Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.43 2.06 4.09 1.93 3.03

Everspin Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PS Ratio Get a 7-Day Free Trial 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 1.93 2.33 3.13 3.33 3.03

Competitive Comparison of Everspin Technologies's PS Ratio

For the Semiconductors subindustry, Everspin Technologies'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.


Everspin Technologies's PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Everspin Technologies's PS Ratio distribution charts can be found below:

* The bar in red indicates where Everspin Technologies's PS Ratio falls into.



Everspin Technologies 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.

Everspin Technologies's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=7.51/2.981
=2.52

Everspin Technologies's Share Price of today is $7.51.
Everspin Technologies'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 $2.98.

* 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.


Everspin Technologies  (NAS:MRAM) 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.


Everspin Technologies PS Ratio Related Terms

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


Everspin Technologies (Everspin Technologies) Business Description

Traded in Other Exchanges
Address
5670 W. Chandler Boulevard, Suite 130, Chandler, AZ, USA, 85226
Everspin Technologies Inc is a provider of Magnetoresistive Random Access Memory (MRAM) products. Its portfolio of MRAM technologies, including Toggle MRAM and Spin-transfer Torque MRAM (STT-MRAM), delivers superior performance, persistence, and reliability in non-volatile memories that transform how mission-critical data is protected against power loss. The company derives revenue from the sale of MRAM-based products in discrete unit form, licenses of and royalties on MRAM and magnetic sensor technology, the sale of backend foundry services, and design services to third parties. It recognizes revenue in three primary geographic regions; North America; Europe, the Middle East, and Africa (EMEA); and Asia-Pacific (APAC).
Executives
Sanjeev Aggarwal officer: Vice President, Technology R&D EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Anuj Aggarwal officer: Interim CFO EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
David Schrenk officer: VP Sales and Business C/O EVERSPIN TECHNOLOGIES, INC., 5670 CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Darin G Billerbeck director, officer: Interim CEO EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Geoffrey G Ribar director
Michael B Gustafson director 380 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Troy Winslow officer: VP, Sales and Marketing C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER ROAD, CHANDLER CA 85226
Glen Hawk director EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Tara Long director EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Stephen Socolof director, 10 percent owner C/O EVERSPIN TECHNOLOGIES, INC., 1347 N. ALMA SCHOOL ROAD, SUITE 220, CHANDLER AZ 85224
Aparna Oka officer: Corporate Controller 5670 W CHANDLER BLVD, SUITE 100, CHANDLER AZ 85226
Lawrence G Finch director C/O EVERSPIN TECHNOLOGIES, INC.,, 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Geoffrey Tate other: Former Director 4440 EL CAMINO REAL, LOS ALTOS CA 94022
Daniel Berenbaum officer: CFO C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BLVD., SUITE 100, CHANDLER AZ 85226
Matthew Tenorio officer: Interim CFO, PFO and PAO C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BLVD., SUITE 100, CHANDLER AZ 85226